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TaxBit Inc.

Acronym: TaxBit

General Information

Identification Code: 571856992171-05
Website: [object Object]
Entity Form: Corporation
Registration Category: Companies & groups
Registration Date: 3/15/2024
EP Accredited Number: 0

Mission & Interests

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.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Banking and financial services
  • Business and industry
  • Digital economy and society
  • Research and innovation
  • Taxation
Levels of Interest:
  • sub-national
  • european
  • global
  • national

Activities

Main EU Legislative Proposals: 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).
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: 66 E Wadsworth Park Dr
Post Code: 84020
City: Draper
Country: UNITED STATES
Phone: [object Object]

EU Office

Address: 66 E Wadsworth Park Dr
Post Code: 84020
City: Draper
Country: UNITED STATES
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]

Membership Information

Members10 Percent: 1
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 2
Members F T E: 1.100000023841858

Structure

Structure Type: Structure
Is Member Of: TaxBit is currently a single corporate entity. www.taxbit.com
Organisation Members: https://www.blockchain4europe.eu/ https://www.gbbc.io/