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Learning & News => News related to Crypto => Topic started by: Riya143 on July 29, 2020, 09:52:08 AM

Title: Australian Crypto Exchanges Partner With Koinly to Simplify Tax Reporting for Us
Post by: Riya143 on July 29, 2020, 09:52:08 AM
Three of Australia’s digital asset exchanges have teamed up with crypto tax software provider Koinly following the Australian Tax Office’s (ATO) crackdown on local investors.

Announced Wednesday, Cointree, CoinJar and Swyftx have begun offering their users the ability to link their accounts and public wallet addresses to Koinly's service, providing investors with a capital gains tax report.
Citing the complexity of preparing crypto transactions reports for the ATO, CoinJar's CEO Ashter Tan said users' trading data would be processed into an "ATO-friendly" report in minutes.
Read More: https://www.coindesk.com/australian-crypto-exchanges-partner-with-koinly-to-simplify-tax-reporting-for-users