TaxTris provides an API-first tax automation solution for digital asset platforms, enabling seamless integration of crypto tax reporting across over 30 jurisdictions. The platform addresses the complexities of managing diverse tax regulations and transaction data, protecting users from potential fines and ensuring compliance with local tax laws.
Funding
$1.7M 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
Digital asset platforms face the challenge of navigating complex and ever-changing tax regulations across multiple jurisdictions. This complexity exposes users to the risk of fines and penalties due to non-compliance and creates a significant burden for platforms to manage diverse data sources and reporting requirements.
Solution
TaxTris offers an API-first tax automation solution designed to streamline crypto tax reporting for digital asset platforms operating in over 30 countries. The platform simplifies the complexities of crypto taxation by providing tools to manage diverse transaction data, ensure compliance with local tax laws, and protect users from potential fines. TaxTris offers a built-in tool to handle tax calculations, generate country-specific tax reports, and connect to various wallets and exchanges. Advanced features include tax optimization tools, DeFi support, and access to a network of experienced crypto tax accountants.
Target Audience
TaxTris primarily targets CEXs, neobanks, payment providers, and other digital asset platforms that need to provide tax reporting solutions to their users.
Features
- API-first architecture for seamless integration into existing digital asset platforms
- Support for over 30 jurisdictions, with constantly updated tax rules and regulations
- Universal cost method support, including FIFO, LIFO, ACB, and country-specific methods
- Automated tracking of DeFi transactions from platforms like Uniswap
- Tax dashboard for users to manage and edit transactions
- Expert network access for users to consult with experienced crypto tax accountants