Formidium launches crypto tax service

Formidium, the U.S.- based administrator (formerly Sudrania), has launched Crypto Fund Tax, a suite of tax services, including tax allocations, reporting, and filings for funds invested in digital assets. Crypto Fund Tax is aimed at managers and funds that invest in cryptocurrency, DeFi, blockchain, mining, staking, NFTs, tokens, private equity, venture investments, and real estate in the digital assets space. Crypto Fund Tax provides tax services across the entire lifecycle for U.S. funds/entities and non-U.S. funds/entities filing US returns.

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