DOWNERS GROVE, Ill., Jan. 05, 2023 (GLOBE NEWSWIRE) — Crypto Fund Tax, a full suite of tax services, including tax allocations, reporting, and filings for funds invested in digital assets, is now available from Formidium, a global leader in providing third-party fund administration and back-office technology solutions. Crypto Fund Tax is the ideal solution for managers and funds worldwide that manage digital asset, hedge, or venture funds, that invest in cryptocurrency, DeFi, blockchain, mining, staking, NFTs, tokens, private equity, venture investments, and real estate in the digital assets space. Crypto Fund Tax provides comprehensive tax services across the entity’s entire lifecycle for U.S. Funds/Entities and Non-U.S. Funds/Entities filing US returns.
Crypto Fund Tax provides all-inclusive tax services using Formidium’s proprietary technology, Seamless Digital, to connect with exchanges/wallets to fetch, clean, and sanitize the transactional data, calculate capital gains/losse
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