Groundbreaking technology meets deep tax expertise, empowering enterprises with automated, real-time solutions for automated global tax reporting.
Taxbit, the global frontrunner in tax compliance and information reporting, today announced the launch of its next-generation global tax reporting platform. Designed by CPAs and tax attorneys, the award-winning platform is built for enterprises managing complex tax reporting for digital products. Specifically, high-volume, high-frequency, and multi-asset transactions – an increasingly essential capability as international regulations reach new heights and demand a streamlined, automated, and scalable software solution.
Powering the reporting needs of Dave.com, Fidelity, and Uphold, Taxbit’s platform helps modern enterprises navigate complex global reporting requirements with a single, automated solution. “Taxbit’s platform was the easiest integration I’ve done in my career,” said a Senior Developer at Dave.com. With comprehensive functionality that spans growing global tax regimes, the platform ensures precise compliance with rapidly evolving regulations—covering everything 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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Platform Highlights:
- Developer-Friendly APIs: Seamlessly integrates with enterprise systems, scaling effortlessly to handle the largest global organizations’ needs.
- End-to-End Automation: Fully automates ingestion, calculation, and reporting for complex multi-country, multi-asset transactions.
- Real-Time Dashboard: Offers intuitive, self-service insights and analytics, allowing companies to monitor compliance status, identify risks, and stay proactive with deadlines.
“The global financial landscape is evolving rapidly, driven by transformative regulations and institutional adoption of both digital and traditional assets,” said Lindsey Argalas, CEO of Taxbit. “In order to stay ahead, enterprises need a robust, scalable infrastructure that can meet the industry’s overarching demand for transparency and traceability. Taxbit delivers this with a powerful platform that combines top-tier tax expertise with cutting-edge technology, making it indispensable for success in today’s complex financial environment.”
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