Former ZebPay CEO Avinash Shekhar launched the startup TaxNodes to simplify cryptocurrency taxation

January 12, 2023

Share via:

Avinash Shekhar, former CEO of crypto exchange ZebPay, announced the launch of his Web3 startup ‘TaxNodes’ on Thursday (January 12) to transform the way crypto profitability, taxation, and reporting is handled for retail investors and exchanges.

TaxNodes aims to make tax computation and individual tax compliance easier. Furthermore, it aims to assist cryptocurrency exchanges in strengthening their internal controls and automating reconciliation and accounting. The startup claims that by bringing all of their crypto transactions from multiple exchanges, P2P, private wallets, and different blockchains onto the same platform, retail investors will be able to automate crypto taxation. TaxNodes will count real-time profit or loss computation, portfolio tracking, dashboards, and analysis to ensure the completeness and integrity of data.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

D2C rollup ecommerce startup GOAT Brand Labs acquired Chumbak and four other D2C brands

Next News

Supreme Court will hear Google’s appeal of the CCI penalty on January 16

Editorial Team

StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.