Syla

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Syla is an Australian crypto tax software designed to simplify and optimize tax reporting for cryptocurrency investors. Tailored specifically for Australian tax laws, Syla automates the calculation of gains, losses, and income from various crypto activities, ensuring compliance with the Australian Taxation Office (ATO. By integrating with over 500 platforms, including major exchanges and wallets, Syla provides real-time tracking and reporting, making crypto tax management both efficient and accurate. Key Features and Functionality: - Comprehensive Integration: Supports connections to over 500 platforms, including major exchanges like Swyftx, CoinSpot, Binance, and wallets such as MetaMask and Ledger, allowing seamless import of transaction data. - Automated Tax Calculations: Utilizes artificial intelligence to automatically classify transactions, including trades, airdrops, staking rewards, and more, ensuring precise tax calculations. - ATO-Compliant Reports: Generates detailed tax reports that align with ATO guidelines, facilitating easy tax return filing. - Portfolio Management: Offers real-time tracking of crypto holdings, providing users with an overview of their investment performance. - Tax Optimization: Employs proprietary "Lowest-Tax First-Out" (LTFO methodology to minimize tax liabilities legally. - Affordable Pricing Plans: Offers various plans starting at $59 annually, accommodating different levels of investors, from casual traders to high-volume professionals. Primary Value and User Solutions: Syla addresses the complexities of cryptocurrency tax reporting by automating and streamlining the process, reducing the time and effort required for manual calculations. Its AI-driven system ensures accuracy, helping users avoid potential errors and penalties associated with incorrect tax filings. By providing real-time portfolio insights and tax optimization strategies, Syla empowers Australian crypto investors to manage their investments confidently and compliantly.