[ad_1]
KoinX, an Indian crypto tax platform, has announced the launch of an integrated B2B2C crypto tax and compliance service called KoinX for Tax Professionals. While the service is expected to grow KoinX’s consumer base by 400% by 2023, it also aims to benefit the CA fraternity by reducing their TAT by 99% compared to the manual offering.
According to the platform, KoinX for Tax Professionals allows a certificate authority to onboard all clients and manage their crypto taxes through a dashboard, where they could see the value of their client portfolio, list of exchanges , among others. Other than that, CAs should get access to KoinXs Mastering Crypto tax series and participate in live sessions with their crypto tax experts. In addition, the platform claims to offer its tax professionals visibility and discovery of their firms on its CA directory page.
I believe that despite the crypto-antagonistic attitude of governments, authorities such as CBDT and CBIS should move towards tax recovery as the Union budget approaches. We hope the introduction of tax professionals will empower the CA fraternity and potentially block crypto tax leaks in India, said Punit Agarwal, Founder and CEO of KoinX.
Follow us on Twitter, Facebook, LinkedIn
|
Sources 2/ https://news.google.com/__i/rss/rd/articles/CBMicWh0dHBzOi8vd3d3LmZpbmFuY2lhbGV4cHJlc3MuY29tL2Jsb2NrY2hhaW4va29pbngtdW52ZWlscy1iMmIyYy1iYXNlZC1jcnlwdG8tdGF4YXRpb24tZmFjaWxpdHktZm9yLXVzZXJzLzI5NDEwMjIv0gF2aHR0cHM6Ly93d3cuZmluYW5jaWFsZXhwcmVzcy5jb20vYmxvY2tjaGFpbi9rb2lueC11bnZlaWxzLWIyYjJjLWJhc2VkLWNyeXB0by10YXhhdGlvbi1mYWNpbGl0eS1mb3ItdXNlcnMvMjk0MTAyMi9saXRlLw?oc=5 The mention sources can contact us to remove/changing this article |
[ad_2]