Global Sales Tax Consultant Avalara Announces Blockchain Exploration
Avalara, the well-known taxation management, and automation software company is working on implementing blockchain technology into its solutions. How can we use the Blockchain technology to calculate and manage taxes for our customers? Avalara, the well-known taxation management, and automation software company is thinking along these lines. Like many other sectors, the taxation and compliance sections of businesses can take advantage of the blockchain technology to not only maintain proper records but also for real-time execution and automation of the whole process flow. These features....
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Avalara has today added a bitcoin module to its AvaTax compliance engine. The company is one of the leading providers of cloud-based compliance solutions focused on sales tax and other transactional taxes. The first and only service provider to offer bitcoin functionality in a tax compliance platform, Avalara hopes the addition of bitcoin support will allow retailers, digital currency processors and wallet services to calculate sales tax and value added tax (VAT) in real-time. History of sticky compliance issues. Avalara senior director Webb Stevens said the company has a history of....
Avalara, Inc., a leading provider of cloud-based software that delivers a broad array of compliance solutions related to sales tax and other transactional taxes, announced today it has enabled the bitcoin module for its AvaTax™ compliance engine. Avalara is believed to be the first and only service provider to support the calculation and accounting of sales tax for bitcoin transactions, allowing retailers, digital wallets, and other digital currency processors to calculate sales tax and VAT tax for bitcoin transactions in real-time. “Avalara has a history of researching and addressing....
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped 47.83%. Weekly NFT Sales Slide Lower, Axie Infinity’s Ronin Sales Shed More Than 47% Statistics over the last seven days show that NFT sales are down across the 12 blockchains that produce NFTs. Cryptoslam.io shows that weekly NFT sales....
PRESS RELEASE. Swapping cryptos on an exchange can be incredibly inefficient, as no exchange has all the coins in one fold. VaultSwap – a project by Jason Wright, which is also the CEO zenomatrix.net – intends to offer a solution to this problem. It has several high-paying investment schemes that reward investors for their confidence in the project. What Is VaultSwap? VaultSwap is a blockchain-powered exchange and Yield Farming where you can swap one cryptocurrency for another. VaultSwap is completely decentralized, as it also supports staking applications. Some of the groups....
PRESS RELEASE. LeisurePay, a merchant payment solutions provider using blockchain technology and powered by the only wholly black-owned bank in America, announces the debut exchange listing of its LPY token.
“Listing with a Top 20 Worldwide exchange in Probit Global, one of the top-ranked exchanges in Bitmart, is a huge and exciting step in the LeisurePay journey. Having the LPY token listed on not just one exchange but a dual listing demonstrates the power of this project and reflects on all the effort put in by our team. We plan on announcing additional exchange....