The new 'Taxes & Reports' functionality is designed to meet the needs of cryptocurrency investors in accordance with the recent 2023 Italian regulatory changes. This functionality helps users manage the tax implications of their cryptocurrency investments, covering tax calculations, the value of their portfolios, and useful facsimiles for completing tax returns.
Within the functionality are these services:
- Young Platform Tax Report
- Okipo Integrated Tax Report
- Transaction Reports
- Stamp duty
- Advice from an accountant
In the section, there is also the 'Crypto Tax Academy', with in-depth information on payment and declaration deadlines, penalties and provisions for regularising one's tax situation. The 'tax amnesty', for those who have never declared (or partially declared) their crypto assets for tax years prior to 2023, is also discussed.
Okipo
Okipo is our partner specialising in cryptocurrency taxation. Through our partnership, we offer advantageous plans for users, which only apply if you purchase Okipo's Tax Report through Young Platform.
Practical advice
It is recommended that you consult an accountant to assess your specific situation. The information provided is general and should be tailored to each individual's investment profile and the instruments used.
Advantages and Special Offers
Young Platform Club members enjoy special discounts on tax reporting services offered by both Young Platform and Okipo. The discounts are applicable during the purchase phase and are visible within the Young Platform Exchange.
Accessing and Using the Functionality - Desktop
To access the 'Taxes & Reports' functionality:
- Log in to your account from the desktop version of Young Platform.
- In the top menu, you will find the new section.
- Click to access all the services offered.
How to access the section - App
Available from the second half of May 2024.