EY streamlines tax reporting with TaxBit – ERP Today

EY has formed an alliance with TaxBit, an industry-leading tax and accounting technology provider for cryptocurrency and other digital assets, to help organizations meet tax reporting requirements for digital assets. This alliance is part of the EY Digital Asset Tax Suite. It enables the Digital Asset Customer Tax Operations solution, which combines TaxBit’s tax reporting software with EY tools such as the electronic Tax Form Validator, Customer Tax Data Master, and Withholding & Reporting Calculator. The suite includes the following solutions and services: the EY Digital Asset Customer Tax Operations offering, EY Tax Analyzer for Digital Assets, EY Crypto and Payment Reporting service, all to support and simplify tax and basis reporting. We look forward to working alongside the EY US team to enable compliant digital asset adoption for the global economy.”