Groundbreaking technology meets deep tax knowledge to provide companies with automated, real-time solutions for automated global tax reporting.
Taxbit , the global leader in tax compliance and data reporting, announced the launch of its next-generation global tax reporting platform. Developed by accountants and tax attorneys, the award-winning platform is aimed at companies managing complex tax reporting for digital products, particularly high-volume, high-frequency and multi-asset transactions – an increasingly important capability as international regulations reach new heights and require a streamlined, automated and scalable software solution.
Meeting the reporting requirements of Dave.com, Fidelity, and Uphold, Taxbit’s platform helps modern businesses manage complex global reporting needs with a single, automated solution. “Taxbit’s platform was the easiest integration I’ve completed in my career,” said a senior developer at Dave.com. With comprehensive functionality spanning growing global tax regimes, the platform ensures precise compliance with rapidly evolving regulations – from US information reporting to Digital Asset Cost Basis, DAC8/CARF, CESOP, and DAC7 in the EU – without costly system overhauls.
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Highlights of the platform:
- Developer-friendly APIs: Seamless integration with enterprise systems, effortlessly scaling to meet the needs of the largest global organizations.
- End-to-end automation: Fully automate capture, calculation and reporting for complex multi-country, multi-asset transactions.
- Real-time dashboard: Provides intuitive, self-service insights and analytics that enable organizations to monitor compliance status, identify risks, and proactively meet deadlines.
“The global financial landscape is evolving rapidly, driven by changing regulations and institutional adoption of digital and traditional assets,” said Lindsey Argalas, Managing Director of Taxbit. “To stay ahead, companies need a stable, scalable infrastructure that meets the industry’s overarching demand for transparency and traceability. Taxbit delivers this with a powerful platform that combines best-in-class tax expertise with cutting-edge technology, making it essential for success in today’s complex financial environment.”
Source: PRNewswire