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What is Taxoshi?

If you've participated in any transactions involving digital currencies, such as buying, selling, or earning them during a specific tax year, it's very probable that you'll need to disclose any resulting gains or losses on your tax return. Should you have any doubts about what is required of you, seeking guidance from the Inland Revenue or your tax professional is recommended. In New Zealand, digital currencies are regarded by the Inland Revenue as a type of property. Their cryptocurrency taxation guidelines dictate that you must evaluate profits or losses based on the First in First Out method, with values converted to New Zealand Dollars at the time of each transaction, even when dealing with various cryptocurrencies. This evaluation can be intricate and may take several days to navigate, particularly if you have multiple trades. In the event that you have suffered a loss, you may be able to offset that against your income tax, which can offer some financial relief. To ease this burden, our sophisticated algorithms can automate the necessary currency conversions and accurately calculate your trading and mining gains and losses in accordance with the guidelines set by the Inland Revenue. By simply supplying your exchange records and mining addresses, we take care of the entire process, ensuring that you remain compliant and precise in your reporting. Ultimately, this allows you to concentrate on growing your investments without worrying about tax-related complications. Additionally, our service provides peace of mind by ensuring that all calculations are done accurately and efficiently, leaving you free to enjoy your ventures in the digital currency space.

What is Intralogic?

Years of experience in the realm of cryptocurrency products have culminated in the creation of exceptionally effective automated bot functionalities. This innovative system enables users to automatically mirror purchase alerts from selected bot operators, while also redistributing a specific percentage of profits to offset any losses, thereby reducing the impact of unfavorable trades. Users can manage all open positions through a single interface, which provides insights into percentage gains and features a Trailing-Loss option that is rarely offered on traditional stock exchanges, alongside a variety of other useful tools for manual traders. The profit calculation algorithm accurately represents real earnings based on both equity and open positions, thereby promoting transparency throughout the trading process. Users are able to view their transactions and profits in their chosen currency, and the bot effortlessly adapts to incorporate newly listed currencies from the exchange, significantly increasing its flexibility. This all-encompassing approach not only simplifies the trading experience but also equips users with essential resources for successful market participation, fostering a more informed trading environment. Ultimately, it enhances user engagement by providing a comprehensive suite of trading tools tailored to diverse needs.