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amyandpotatoes / aus-crypto-tax-calc

Australian tax calculator for cryptocurrency transactions.
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Volunteering #1

Open denzilsaldanha95 opened 3 years ago

denzilsaldanha95 commented 3 years ago

Hey there,

I just came across your repository when I was looking into if there were any projects that support the Australian Crypto Tax regulations. I was wondering if I could volunteer my time to help the project. I have a strong background with python, but not so much with tax regulations.

amyandpotatoes commented 3 years ago

Hi! Yes you're very welcome to help out with this project. As far as tax regulations go, we're basing everything off the ATO cryptocurrency guildelines: https://www.ato.gov.au/general/gen/tax-treatment-of-crypto-currencies-in-australia---specifically-bitcoin/?anchor=Transactingwithcryptocurrency

I'm hoping to have a working calculator within the next week or two, the current main outstanding tasks are:

  1. Add the abillity to price non-coingecko tokens such as LP tokens, which I'm planning to do by looking through the last x transactions to get a market value (and adding a few checks in in case it seems way off)
  2. Add the ability to read in csv exports of transactions from different centralised exchanges - I've got a sample from binance to base it off and have started writing this code, but if you use any other exchanges and would be able to write code to parse in their exports that could be extra helpful
  3. Write engine to go from a queue of transactions to the tax implications

I'll add a little more documentation and clean up the code in the next few days to make it a bit easier to contribute. So yeah, you're very welcome to contribute, let me know if you want to work on something in particular to make sure we're not doubling up.