PAYMILL, through PAYMILL LAB presents the company Crypto Tax.
What is the story of CryptoTax?
We have founded the company in May 2017, as we have realised how difficult is to prepare tax returns for individuals involved in cryptocurrencies. Our web application is the solution that makes it easy to prepare tax filings according to the legal requirements and based on the framework approved by the KPMG. In addition we provide professional tax reporting services to crypto exchanges and other institutions. In the meantime we have over 2.000 users of the tax reporting application in Germany and will launch the product for the users in Switzerland soon. We have opened a registration for early access for the Swiss product and invite all interested to register here.
How do you see the future of payment and Crypto ?
We believe that cryptocurrencies and blockchain technology will have a profound impact on global payment systems. Individuals can already make low cost, fast payments to any part of the world. We also already have massive, cross-border payment systems between institutions facilitated by blockchain technology. As more and more assets become represented on the blockchains, we will see a surge of the settlements on and between the blockchains.
What are you expecting from PAYMILL LAB ?
As leading payment provider PAYMILL can ensure our customers can pay with securely with the payment method of their choice. PAYMILLs know how will help us establish a modern and scalable payment system.
What are your next steps ?
We are continuously developing our application to make it even more easy to use and time saving. We are also working on the internalization of our product and as will launch the application for the taxpayers in Switzerland and USA.