We’re integrating tax return tech into our Digital Marketplace
WeOwn partners with CryptoTax to offer blockchain certified tax solutions
At WeOwn, we’re firm believers in making life easier – and that doesn’t just mean simplifying the process of raising capital. We’re committed to helping companies grow in any way possible, which is why we’re delighted to announce a new strategic partnership.
WeOwn is joining forces with CryptoTax to build a new tax return feature into our Digital Marketplace.
CryptoTax specialises in tax reporting solutions for users of blockchain assets, utilising a methodology approved by a Big Four Accounting Firm to ensure that companies are compliant with the laws of their residence state.
By integrating CryptoTax technology into our Digital Marketplace, our users will be able to eliminate the need for a tax advisor, reducing the cost of filing a tax return.
Businesses will be provided with automatic tax reports relating to all their asset transactions, dramatically reducing the time and effort it takes to gather tax-related information.
Investors will be able to use CryptoTax technology to produce a tax statement for all your trades – including any specific data required for local tax reports. The software currently supports international jurisdictions including Germany, Switzerland and the USA.
Less time on compliance, more time on customers
This latest milestone is part of our ongoing ambition to support businesses throughout the investment lifecycle, with the tools needed to build strong investor relationships.
Compliance is a critical part of any investment model, but many companies waste too much time on paperwork and admin – when they could be devoting more attention to engaging with investors and turning them into customers.
Adding this new technology to our Digital Marketplace will enable users to cut out unnecessary middlemen while still completing their tax form quickly and easily. And as CryptoTax specialises in collaborating with blockchain technology companies, they are the perfect partner for our network.
WeOwn’s development team plans to implement CryptoTax APIs into our Digital Marketplace over the coming months – we’ll keep you posted on our progress.
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