Crypto Taxation platform joined hands with ClearTax to enhance the efficiency of report filing
As per the official release, KoinX, a widely recognized platform specializing in crypto taxation, portfolio tracking, and accounting, has entered into a strategic partnership with ClearTax, a platform catering to the diverse tax filing needs of individuals, tax practitioners, and businesses.
The partnership is expected to enhance the efficiency of report filing and facilitate the navigation of complex cryptocurrency tax calculations for users. KoinX users can also use ClearTax’s top features at exceptional prices, with access to a simpler and faster method of calculating crypto taxes and filing tax reports with expert guidance, as per the release.
Punit Agarwal, CEO of KoinX, said: “Our core mission in establishing this strategic partnership with ClearTax is to deliver a comprehensive and dependable platform to our users, enabling them to file crypto tax reports effectively. By integrating ClearTax, we guarantee our users swift access to ClearTax’s easy-to-use self-tax filing and assisted tax filing under the expert guidance feature eliminating the requirement for time-consuming research. Additionally, we have full confidence in ClearTax’s reputable standing, which will undoubtedly instill in our users the necessary confidence and assurance to undertake the tax report filing process.”
The partnership between ClearTax and KoinX will greatly enhance the efficiency of report filing and facilitate the navigation of complex crypto tax calculations for users.
“At ClearTax, we relentlessly rely on the power of simplification. While our country is trying to digitize finances, investors have not adopted crypto as an investment instrument. So, when it comes to crypto taxation, there is considerable ambiguity. And that is where we step in. Through our platform, we’ve ensured that crypto taxation is no more a guesswork for investors. And through our collaboration with KoinX, we are empowering crypto investors so they can file their crypto taxes unfettered,” Avinash Polepally, cryptocurrency business head, ClearTax, concluded.