EY: Announces alliance with TaxBit

EY: Announces alliance with TaxBit

  • EY exists to build a better working world, helping to create long-term value for clients, people, and society
  • Streamlines the aggregation and calculation of decentralized tax data to support clients’ tax reporting needs
  • Organization announces an alliance with TaxBit, an industry-leading tax and accounting technology provider for cryptocurrency
  • Regulators are starting to demand more formal reporting practices as companies are getting further involved in digital asset transactions
  • This alliance is part of the Digital Asset Tax Suite and enables the Digital Asset Customer Tax Operations solution
  • Digital Asset Tax Suite builds upon existing solutions, including the Blockchain Analyzer Tax (BAT) Calculator
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Swedish Central Bank Tightens Actions on Banks Over Instant Payments

The central bank of Sweden warns banks on instant payment compliance.Highlights: Swedish Central Bank warns banks about compliance...

India’s PhonePe Pauses IPO Amid Geopolitical Tensions

PhonePe's IPO delay highlights market uncertainties due to global issues.Highlights: PhonePe has postponed its IPO indefinitely.The decision stems...

Ramp Acquires Billhop to Expand into EU and UK Markets

Ramp aims for broader payment solutions and market reach through acquisition.Highlights: Ramp has acquired Billhop, focusing on expanding...

Chaseitai Launches AI Agents for Call Center Loan Servicing

New AI technology aims to enhance customer service in fintech.Highlights: Chaseitai introduces AI agents for call center support.New...