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Salt Lake City based cryptocurrency tax automation software company raised an undisclosed amount of funding from PayPal Ventures, Coinbase Ventures, and Winklevoss Capital.
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According to TaxBit, its tools facilitate the automation of all tasks relating to cryptocurrency tax compliance for individual investors, as well as businesses and exchanges. Its tools like TaxBit Enterprise and TaxBit Consumer aim to simplify and streamline the calculation and reporting of taxes on cryptocurrency transactions.
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