Introduction

The first priority for calculating virtual asset taxes is collecting transaction details. CryptoTax uses the information provided by each VASP to calculate the acquisition cost through an integrated DB and calculates the virtual asset tax amount based on this. CryptoTax's partners can therefore focus on more valuable tasks, without having to develop or operate separate services to address issues regarding tax treatment for domestic customers (individuals, businesses, etc.).

For this efficiency, CryptoTax request the following information from a partners and provide data in a prescribed manner to complete all customer tax treatment tasks!

• Retained crypto assets information

• Deposit and withdrawal History

• Transaction History