CoinSmart seeks to reduce tax evasion in Canada
The cryptocurrency exchange platform optimizes compliance with taxpayer obligations
Tax evasion is one of the common crimes with FIAT money and with cryptocurrencies. In this case, Canada is updated in terms of regulation through the CoinSmart exchange platform, which will be aimed at new investors who are interested in the digital ecosystem.
The interface will offer simple operations, with educational resources and assistance 24 hours a day, seven days a week. It will also show tax information to users so they can calculate their income correctly.
The report that will be issued by the tool on taxable income and earnings will be reflected in the negotiations that have been made by FIAT for cryptocurrencies and among digital currencies.
Justin Hartzman, CEO of CoinSmart, has indicated that they hope that the exchange platform for the tax sector can clarify the doubts and correct the irregularities of Canadian system.
When the launch is made, users will have an offer in BTC, ETH, BCH, LTC, DASH, XMR and EOS. They also plan to launch additional altcoins continuously.
M.Pino
Source: Infocoin
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