Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on March 04, 2021, 07:01:04 AM

Title: US crypto tax startup TaxBit to channel $100M raise into UK expansion
Post by: newshunter on March 04, 2021, 07:01:04 AM

US crypto tax startup TaxBit to channel $100M raise into UK expansion

Utah-based startup TaxBit prepares to provide global crypto-oriented tax expertise with a newly raised $100 million.

Source: US crypto tax startup TaxBit to channel $100M raise into UK expansion (https://cointelegraph.com/news/us-crypto-tax-startup-taxbit-to-channel-100m-raise-into-uk-expansion)

Would appreciate your opinion about this

Title: Re: US crypto tax startup TaxBit to channel $100M raise into UK expansion
Post by: TomPluz on March 05, 2021, 04:50:40 AM

As many are saying, there are two things we can never avoid in life: death and taxes. And that is why platforms that are dealing with issues and intricacies of taxation can always have a good market ready. In connection with cryptocurrency business, the complex set-up and regulations can be the reason why many are using tax software and services like the ones offered by TaxBit, hence the business they have can be booming and now also planning into expanding the business into the UK market, next can be the global market so they better also partner with other organizations interested to have collaboration or maybe a franchising agreement.