TechFlow News – According to an official announcement, Binance will launch its Tax Reporting Tool API on July 28, 2021, at 12:00 (Hong Kong time), helping users easily track their cryptocurrency activities to ensure compliance with local tax regulations set by regulatory authorities.
Through the Tax Reporting Tool API, users can generate accurate and complete read-only cryptocurrency reports and send them to third-party tax tools, instantly obtaining an overview of their tax obligations. The Binance Tax Reporting Tool API will allow users to export transaction history and profit-and-loss records spanning more than one fiscal year, and by integrating with third-party tax solutions, streamline tax reporting to local regulatory agencies.
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