cryptofinancial

[cryptofinancial]

How to connect 1inch Wallet with Kryptos & Generate Tax Reports

If you are using 1inch wallet, follow these steps to connect it with Kryptos – auto-sync all your transactions, analyze your portfolio, and calculate your crypto taxes in minutes.

To get started – Sign up on Kryptos here and choose your country and currency.

Once done, link your 1inch wallet to Kryptos. 

View and analyze all your transactions in a single dashboard and manage your portfolio

Kryptos automatically categorizes all your 1inch transactions into gains/losses or income.

Now you can sit back and relax while we calculate your Capital Gains Tax and Income Tax from your 1inch wallet!

Generate the 1inch tax report for free and download it once everything looks good.

File your 1inch taxes online or leverage our crypto tax accountant network to help you out.

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Your Ultimate Tax Guide For DeFi Crypto Transactions in UK

DeFi adoption has seen an astronomical rise in the past few years. According to Dune Analytics, the number of unique addresses using DeFi applications has skyrocketed to 4 million since May 2020, and the total value locked across DeFi protocols stood at $78 billion, a 10X multiple of what it was back in 2020, according to DeFi Pulse.

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Vietnam Crypto Tax Guide 2024

Vietnam has been ranked no. 1 two times in a row in Chainalysis’s Global Crypto Adoption Index, and there are good reasons for it. According to a report by Statista, over 69% of the Vietnamese population does not have access to traditional financial services like banking. Moreover, Vietnam is one of the biggest beneficiaries of remittance payments, receiving over $13.5 billion in 2022 alone. With more than 60% of the Vietnamese population residing in rural areas without access to a bank account, Bitcoin and other cryptocurrencies offer a great alternative.

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USA Crypto Tax Guide 2024

Are you one of the many crypto investors out there wondering how to manage your crypto taxes? Or perhaps you're planning to dip your toes into the world of cryptocurrency, but the thought of tax reporting leaves you feeling overwhelmed.

Fear not, because this ultimate USA crypto tax guide is here to help. In this comprehensive guide, we'll walk you through the ins and outs of crypto taxation in the US. From capital gains tax to income tax and even NFT taxes.

[cryptofinancial]

Switzerland Crypto Tax Guide 2024

Switzerland has been widely regarded as a haven for crypto investors and startups. It is home to more than 900+ crypto companies, and the crypto adoption rate stands at 20%, well above the global average of 16%. Part of the reason why crypto adoption is high is because most individual investors don’t have to pay capital gains tax in Switzerland. If you have invested in BTC, ETH, or any other crypto as an individual investor, you don’t need to pay CGT on your gains, but other types of taxes may apply. Fortunately, the Federal Tax Administration (FTA) in Switzerland has clear guidelines on how different crypto transactions are taxed.

[cryptofinancial]

Sweden Crypto Tax Guide 2024

Thousands of people are confused about how their crypto activities are taxed in Sweden and how this affects their tax obligations. That's why we've created a comprehensive guide to simplify the complexities of crypto taxation in Sweden for you. 

[cryptofinancial]

Singapore Crypto Tax Guide 2024

Singapore has long been hailed as a haven for both crypto investors and businesses alike owing to its lenient tax regulations and the government’s crypto-friendly approach. It is one of the reasons why major crypto companies like Crypto.com are based out of Singapore. 

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Romania Crypto Tax Guide 2024

Not sure how much crypto taxes you owe to tax authorities in Romania? Don’t worry we are here to help you with the most comprehensive Romanian Crypto Tax Guide. We will discuss everything from income tax to capital gains tax on crypto transactions and taxable and non-taxable events

[cryptofinancial]

Portugal Crypto Tax Guide 2024

Portugal has been a cradle for crypto investors ever since Bitcoin blew up and people started making astronomical gains on their investments. This compelled authorities in Portugal to moderate the space with taxes. Portugal has often been referred to as El Dorado for such investors.

[cryptofinancial]

Poland Crypto Tax Guide 2024

Poland has long been one of the most prominent destinations for crypto-based startups owing to its lenient crypto regulations and a comparatively softer stance on crypto as an industry. Crypto investors have enjoyed a similar environment as well, according to a report by Triple A, more than 900,000 people owned crypto in Poland.

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Philippines Crypto Tax Guide 2024

Philippines is ranked second in the world in Chainalysis’s Global Crypto Adoption index, only behind its ASEAN neighbour Vietnam. There are two main reasons for this: 1. High remittance payments and the lack of an easily accessible financial infrastructure

2. A tech-savvy population and the government’s positive outlook on crypto

[cryptofinancial]

Norway Crypto Tax Guide 2024

Are you an ardent crypto enthusiast or someone who wants to be one, but the very thought of crypto taxes intimidates you? Don’t worry you’re not alone, thousands of Norwegians share the same line of thought. Crypto being a new asset class is hugely unregulated across markets in the world and the taxation of such assets is barely talked about even in the crypto space. Therefore, it is no surprise that people barely know how such transactions are taxed.

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New Zealand Crypto Tax Guide 2024

If you live in New Zealand and happen to be involved in crypto transactions, you might owe some taxes to the IRD. And If you’re struggling to figure out how crypto taxes in New Zealand work, you’re not alone. Thousands don’t understand how crypto transactions are taxed in New Zealand and how it affects them over a tax year.

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Netherlands Crypto Tax Guide 2024

If you are deep into the crypto territory and have no idea how they’re taxed, you’re not alone. Thousands of residents struggle to understand the tax obligations these transactions entail and find themselves in the middle of tax complications and legal troubles. 

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Malta Crypto Tax Guide 2024

Malta is one of the friendliest countries in the world when it comes to crypto. It has enjoyed its presence on every crypto tax haven list on the internet, the reason being the lenient regulations and nominal taxes on crypto gains. Other countries have accepted crypto with open arms, but Malta has actively pursued the proliferation and large-scale adoption of crypto in the region with specialised legislation for defining and categorising crypto assets. 

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Japan Crypto Tax Guide 2024

Are you a Japanese Crypto Investor struggling with crypto taxes? Don’t worry you’re not alone. A majority of crypto investors in Japan struggle with crypto taxes given the complexity of the guidelines governing the taxation of such assets and the inherent complexity of crypto as an asset.

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Crypto Tax Guide Italy 2024

This guide is structured in a way that makes it skimmable and easy to understand. Note that this guide is dynamic and will be updated regularly to accommodate any new rules or notifications issued by the authorities. So we suggest you keep revisiting the guide to stay updated on the new taxation trends.