Home Latest News Binance Tax By Binance: Tax Filing Friend For You

Binance Tax By Binance: Tax Filing Friend For You

1 min read
0
8
3,364

In many countries, people and corporates are getting ready for the tax season. For a simple and hassle-free tax filing, it is necessary to comply with local rules and regulations. 

Binance has decided to come up with a tax filing tool, Binance Tax, to help users stay on track with their cryptocurrency transactions, use the data during tax filing, and remain compliant. You can download a summary report from the tool which will show your profits and losses, including spot trades, donations, and Blockchain-based rewards. 

The idea of creating this tool came when people started asking questions about tax liabilities. It is currently in its pilot phase in France and Canada, and it may be extended to other marketplaces.

Load More Related Articles
Load More By AtoZcrypto
Load More In Latest News

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Lottoday Ventures into the Multi-Billion Dollar Gaming Industry with Focus on Decentralization, NFTs, and Web3 Gaming Experience

Lottoday Ventures into the Multi-Billion Dollar Gaming Industry with Focus on Decentraliza…