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Description

If you have engaged in the buying, selling, earning, receiving, or any other form of acquiring digital currencies within a particular tax year, it's highly likely that you must report any profits or losses on your tax return. If there's any uncertainty regarding your obligations, consulting with the Inland Revenue or your accountant is advisable. In New Zealand, the Inland Revenue classifies digital currencies as a category of property. Their guidelines for cryptocurrency taxation specify that profits or losses must be assessed using the First in First Out method, converting values into New Zealand Dollars at the time of each trade, even when the transactions are between different cryptocurrencies. This process can be quite complex and may require several days to sort through, even with just a few trades. If you've incurred a loss, it could potentially be deducted from your income tax, providing some relief. Our advanced algorithms simplify this process by automating the necessary currency conversions and calculating your trading and mining profits and losses in line with Inland Revenue's regulations. Simply provide us with your exchange exports and mining addresses, and we will handle the rest to ensure your compliance and accuracy. This way, you can focus on your investments without the tax-related stress.

Description

The global landscape is currently facing significant upheaval, with backlogs, delays, and various repercussions stemming from Covid and broader economic trends. This moment calls for innovative and efficient methods to enhance trade engagement. TradeLens offers a robust and secure platform for data and document sharing that streamlines and accelerates trade processes. With a suite of powerful tools for digital visibility, collaboration, and analytics, we work alongside carriers, customs authorities, banks, and inland transport services to strengthen supply chains. Our mission is to expand a collaborative ecosystem of stakeholders that are digitally connected, facilitating the swift movement of global trade. By harnessing the advantages of innovative data, established standards, and an extensive network, we provide a straightforward cost-per-container model. This enables you to access precise carrier information for your shipments, providing clarity and enhancing your planning strategies. Additionally, you can say goodbye to the tedious task of constantly searching for the latest updates, as we centralize all the necessary information for you.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Bitstamp Yes 
Binance Yes 
BitPrime Yes 
Easy Crypto Yes 
Exodus Yes 
Independent Reserve Yes 
Kraken Yes 
Poloniex Yes 

Integrations

Bitstamp No 
Binance No 
BitPrime No 
Easy Crypto No 
Exodus No 
Independent Reserve No 
Kraken No 
Poloniex No 

Pricing Details

$99 per tax year
Free Trial No 
Free Version No 

Pricing Details

$8 per container
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Taxoshi

Founded

2014

Country

New Zealand

Website

taxoshi.com

Vendor Details

Company Name

TradeLens

Country

United States

Website

www.tradelens.com

Product Features

Crypto Tax

Automated Data Import No 
Exchange Integration No 
Export Transactions No 
Historical Prices No 
Income Overview No 
Margin & Futures Support No 
Profit & Loss / Cap Gains No 
Staking / Lending / DeFi Support No 
Tax Form Generation No 
Tax Loss Harvesting No 
Wallet Integration No 

Product Features

Alternatives

Alternatives