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api3dao / api3-dao-dashboard

API3 DAO dashboard
api3.eth/
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Calculating taxes reports #358

Open musinit opened 1 year ago

musinit commented 1 year ago

What if every member of DAO could calculate his capital gains/losses or income to send taxes reports? Today people need to use some 3-rd party service like Cointracker, but it's not Open Source. We can do it in an Open Source way, so there would be no need to pay for cointracker.com, cointracking.com, and other companies that do the same thing. We can choose TOP 3 countries for a start.

bbenligiray commented 1 year ago

You can use https://enormous.cloud/dao/api3/tracker/wallets/YOUR_ADDRESS to see your individual reward payments. The implementation is open source https://github.com/EnormousCloud/api3-dao-tracker We don't consider country-specific tax calculations within the scope of our project (as in, we won't dedicate funds/resources to it), but we welcome community contributions.

musinit commented 1 year ago

What if we add the ability to calculate capital gains/losses and incomes for your rewards? So people can see the taxable amount in dollars (or other currencies) I am a crypto tax fan and I can think about this and contribute. I also have tax professional with me. But at first I need to speak with maintainers to discuss the details.