Moneyviz is a cloud-based software that automates the tax reporting process for cryptocurrency and foreign trading accounts by integrating with over 120 brokers and exchanges to import transaction data. It calculates tax liabilities within 12 to 24 hours and generates pre-filled tax forms, helping users comply with tax regulations while minimizing the risk of costly errors.
Funding
$270K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Individuals trading cryptocurrency and foreign assets face a complex and time-consuming tax reporting process, especially when using multiple brokers and exchanges. Manually calculating tax liabilities and generating the required forms can lead to errors and potential penalties.
Solution
Moneyviz is a cloud-based tax reporting software designed to automate and simplify the tax compliance process for cryptocurrency and foreign trading accounts. The platform integrates with over 120 brokers, exchanges, and blockchains, allowing users to import their transaction history via API, CSV file, or public address. Moneyviz automatically calculates tax liabilities, taking into account various financial instruments and regulations, and generates pre-filled tax forms, including the RW, RM, RT, and RL sections for the Italian "Modello Redditi" (income tax return). The platform supports over 80,000 financial instruments, daily exchange rate updates, and handles currency conversions.
Target Audience
The primary target audience includes individuals who trade cryptocurrencies or foreign assets, use foreign brokers (e.g., Etoro, Trading212, Interactive Brokers), and need assistance with tax reporting to comply with Italian tax regulations.
Features
- Automatic transaction recognition for over 80,000 financial instruments, including stocks, ETFs, cryptocurrencies, funds, and CFDs
- Integration with over 120 brokers, exchanges, and blockchains via API, CSV file, or public address
- Daily valuation of financial instruments using data from providers like Coinmarketcap, Coingecko, and Bitquery
- Automatic calculation of currency exchange differences
- Pre-filled tax forms generation (Quadri RW-RM-RT-RL)
- Support for various crypto activities, including staking, DeFi, and NFT transactions
- TaxGPT (Beta) feature for tax-related assistance
- Optional blockchain-based storage of fiscal reports
- Services to file the tax declaration on behalf of the user