What is Cryptocurrency Tax Software Market?
Cryptocurrency Tax Software are used to calculate crypto taxes. These softwares are designed specifically for calculating your tax exposure from cryptocurrency trading activity. These software also reconciles the transactions and produces detailed gain and loss reports compatible with the IRS guidelines. The ease to trades and generates real-time reports using cryptocurrency tax software has majorly driven the market growth globally.
The market study is being classified, by Application (Personal Use and Business Use) and major geographies with country level break-up.
CoinTracking (United States), TokenTax (United States), BearTax Inc (United States), Coin Ledger, Inc. (United States), ZenLedger, Inc. (United States), Bittax (Israel), Node40, LLC (New Zealand), Happy Tax Franchising, LLC (United States), Accointing Services AG (Switzerland), CoinsTax LLC (United States) and TaxBit, Inc. (United States) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Cryptocurrency Tax Software market by Type, Application and Region.
On the basis of geography, the market of Cryptocurrency Tax Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Adoption of Cryptocurrency Tax Software to Track Transaction Data
- Easy Demand for Cloud-based Cryptocurrency Tax Software
- Rising Cost of IRS Service Providers for Tax Filing
- Increasing Penetration of Smartphone Users Globally
- Software Technical Issues
- Increasing Demand for Cryptocurrency Tax Software to Create Reliable Cryptocurrency Tax Reports
- Cross-platform Compatibility
In March 2020, Crypto.com, a payments and cryptocurrency platform entered into partnership with three leading tax providers named CoinTracker, CryptoTrader.Tax, and Token Tax. Through thiis partnership Crypto.com will provide leading tax preparation services to these partners.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Cryptocurrency Tax Software Provider, Cloud Provider, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase