EY: Announces alliance with TaxBit
- EY exists to build a better working world, helping to create long-term value for clients, people, and society
- Streamlines the aggregation and calculation of decentralized tax data to support clients’ tax reporting needs
- Organization announces an alliance with TaxBit, an industry-leading tax and accounting technology provider for cryptocurrency
- Regulators are starting to demand more formal reporting practices as companies are getting further involved in digital asset transactions
- This alliance is part of the Digital Asset Tax Suite and enables the Digital Asset Customer Tax Operations solution
- Digital Asset Tax Suite builds upon existing solutions, including the Blockchain Analyzer Tax (BAT) Calculator