Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 24 2020 - 20:19
AsiaNet
Crypto.com Announces Partnership With Crypto Tax Providers
HONG KONG, March 24, 2020 /PRNewswire-AsiaNet/ --

Crypto.com, the pioneering payments and cryptocurrency platform, today 
announced partnership with three leading tax providers. Responding to the 
requests of the community and given the importance of this area, Crypto.com 
partnered with leaders in this space (listed alphabetically) CoinTracker 
[https://www.cointracker.io/p/cryptodotcom/], CryptoTrader.Tax 
[https://www.cryptotrader.tax/partners/crypto-com], and Token Tax 
[https://tokentax.co/exchanges/crypto-com/].

As crypto adoption continues to expand, countries across the world have begun 
mandating tax reporting on virtual currencies. For example, the U.S. Internal 
Revenue Service requires individuals to claim cryptocurrency 
[https://www.irs.gov/pub/irs-drop/n-14-21.pdf] on tax filing documents and 
other countries have similar requirements in place. Crypto.com's partnership 
makes reporting cryptocurrency holdings for a number of jurisdictions as simple 
as possible for our users and expands the portfolio of services offered in the 
Crypto.com ecosystem. These partners each offer users ways to import their 
historical crypto transactions from Crypto.com (via CSV from the Crypto.com 
App) into the respective platforms to then generate necessary tax reports with 
the click of a button. These reports can be taken to a tax professional or 
imported into popular tax filing software solutions. 

Chandan Lodha, COO of CoinTracker said, "We're extremely excited to be 
partnering with Crypto.com, a market leading global cryptocurrency platform. By 
extending CoinTracker's integrations with Crypto.com, we are one step closer to 
making cryptocurrency taxes and portfolio tracking simple and accessible for 
everyone."

David Kemmerer, CEO of CryptoTrader.Tax said, "We are excited to be teaming up 
with the Crypto.com team to bring an easy, automated cryptocurrency tax 
reporting experience to their users. I think this partnership demonstrates 
Crypto.com's leadership in this industry. The whole team is committed to making 
every aspect of cryptocurrency as easy as possible for their users, taxes 
included."

Zac McClure, CEO of TokenTax said, "You can now seamlessly use the market 
leader in special tax situations, TokenTax.co to get started on taxes for your 
Crypto.com transactions today."

Kris Marszalek, Co-Founder and CEO of Crypto.com said, "You can't escape death 
and taxes, might as well attempt to make the latter as seamless as possible. 
We're thrilled to partner with leading players in this space to simplify the 
reporting process for Crypto.com users."

CoinTracker [https://www.cointracker.io/p/cryptodotcom/]: Discount 
automatically applied at checkout for eligible purchases

CryptoTrader.Tax 
[https://www.cryptotrader.tax/partners/crypto-com?fpr=crypto-com]: Discount 
automatically applied at checkout for eligible purchases

TokenTax [https://tokentax.co/exchanges/crypto-com/]: Enter discount code 
"CRYPTO.COM"[http://crypto.com/] at checkout

Please note the discount rate and eligibility criteria are subject to change of 
our partners. Please check the website of the service provider or contact their 
customer service for information regarding the latest discount rate and 
criteria.

Disclaimer:

Crypto.com is not responsible for ensuring the quality or accuracy of the 
products or services provided by CoinTracker, CryptoTrader.Tax or TokenTax. 
Crypto.com expressly disclaims any liabilities which may arise from the 
products or services provided by CoinTracker, CryptoTrader.Tax or TokenTax to 
Crypto.com's users. Crypto.com's users agree to engage CoinTracker, 
CryptoTrader.Tax or TokenTax at their own risk.

About Cointracker

CoinTracker [http://www.cointracker.io/] is the simplest and most trusted way 
of getting your cryptocurrency taxes done. It was founded by a team of former 
Google employees in San Francisco, with the goal of increasing the economic 
stability and prosperity of the world. Today, CoinTracker tracks over $1B of 
crypto assets across 300+ exchanges and 3,000+ cryptocurrencies. For more 
information, please visit www.cointracker.io.

About CryptoTrader.Tax

CryptoTrader.Tax [https://www.cryptotrader.tax/], and parent company Coin 
Ledger Inc, was founded in 2017 with the mission of enabling easy and trusted 
cryptocurrency tax reporting. Today, the CryptoTrader.Tax product is used by 
tens of thousands of individuals, has processed more than 20 billion dollars of 
cryptocurrency transactions through its proprietary tax engine, and has 
partnered up with some of the largest exchanges and cryptocurrency companies 
around the world to bring effective crypto tax reporting to their users. Coin 
Ledger Inc is headquartered in Kansas City, MO. For more information, please 
visit www.cryptotrader.tax.

About TokenTax

TokenTax is a crypto tax software platform and accounting firm. Our team is 
comprised of accountants, designers, software engineers, and finance 
professionals — all crypto enthusiasts. We originally launched as a platform 
for individual investors, and have now worked with thousands of customers 
around the world over the past several years to calculate their gains and 
losses related to crypto activity ranging from mining, to staking, to 
investing. Many of our customers also worked in the blockchain/digital currency 
space, so we added virtual currency hedge funds, security token platforms, 
staking platforms, and other crypto-related business and blockchain projects as 
clients. TokenTax is now a full-service accounting firm with filing and legal 
structuring capabilities. We also work with many large accounting firms 
(including the big 4, CPA's, EA's, etc.) as a way to outsource the crypto 
aspects of their clients' work that they cannot handle internally. For more 
information, please visit Tokentax.co [http://www.tokentax.co/].

About Crypto.com

Crypto.com was founded in 2016 on a simple belief: it's a basic human right for 
everyone to control their money, data and identity. With over 1 million users 
on its platform today, Crypto.com provides a powerful alternative to 
traditional financial services, turning its vision of "cryptocurrency in every 
wallet" into reality, one customer at a time. Crypto.com is built on a solid 
foundation of security, privacy and compliance and is the first cryptocurrency 
company in the world to have CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, 
Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 200+ strong 
team. For more information, please visit www.crypto.com.

Logo: https://mma.prnewswire.com/media/888271/Crypto_Logo.jpg 

Photo: 
https://mma.prnewswire.com/media/1137030/Crypto_Partners_Tax_Providers.jpg

Source: Crypto.com