TaxBit Inc.
Budget
€100 — €0
EP Access
0
accredited persons
Staff
2
2 FTE
EU Grants
None
Mission & Goals
TaxBit is a software technology company that assists businesses and governments (no retail) with navigating complexities of digital assets, specifically the challenges of accurately reporting taxable gains, losses, and income from digital-asset activities, as well as complying with Generally Accepted Accounting Principles applicable to digital assets. Our products are used by some of the largest digital-asset exchanges, payment processors, Fortune 500 adopters, and government organizations around the world, having issued millions of tax forms to and on behalf of our retail and enterprise clients and processed billions of transactions – and billions in asset value – through our tax and accounting platform. Our aim is therefore to support these players in the implementation of international reporting obligations in connection with digital assets.
EU Legislative Interests
Any TaxBit activities are likely to be targeted at evolving digital asset accounting and information reporting requirements. This applies in particular to the DAC8 and the latest AML package (AMLD6, AMLR & TFR).
Communication Activities
TaxBit will organise its own events, inviting policymakers and practitioners to promote public-private exchange. This relates in particular to the implementation of tax reporting obligations in connection with crypto-assets (DAC8).
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
https://www.blockchain4europe.eu/ https://www.gbbc.io/
Organisation Members
TaxBit is currently a single corporate entity. www.taxbit.com
Commissioner Meetings
No recorded meetings with EU commissioners.