View full page at cryptocraft.com

 

Binance Tax launched to prepare crypto users for the tax season

From cointelegraph.com

For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations. On Feb. 6, crypto exchange Binance announced it is launching a tax reporting tool to help users stay on track of their crypto transactions for tax reporting purposes. According to the announcement, Binance Tax lets its users download a tax summary report which includes any gains or losses which have occurred throughout the year in their Binance account. This includes spot trades, crypto donations and blockchain-based fork rewards. The ... (full story)

Story Stats

  • Posted:
  • Category: Crypto Industry News