Crypto

Pierre Morizot (Waltio): ‘We have codified tax law’

Posted by Clément Fages on dec. 2021 | Updated December 22. 2021 at 12:20

In 2021, the number of crypto asset holders doubled in France, passing the bar of 2 million people, who must declare capital gains realized in the context of commercial operations, but also income related to participation in the operation. from a blockchain or DeFi. Staying up-to-date can quickly become complex, unless you use the services of Waltio, a crypto tax specialist who publishes a platform that analyzes the operations of its users to automatically complete your tax return. Beyond people, Waltio also supports a growing number of companies, while remaining a regular contact with the legislator, as explained by Pierre Morizot, its founder and CEO.

“We have codified tax law”, summarizes Pierre Morizot, CEO of Waltio, when invited to present the activity of this startup specialized in crypto tax. Waltio publishes a digital platform that connects to the various portfolios of his clients to help them comply with the tax administration. “We support crypto asset holders in the calculation of capital gains realized in the framework of commercial activities, but also of passive income obtained during participation in the operation of a chain of blocks (mining, participation) or of ‘ a decentralized financial platform “. In 2021, operations related to cryptocurrencies are therefore increasingly complex, as is the profile of holders of crypto assets. “Over the past year, we have seen more and more companies buying and holding cryptocurrencies. This is no longer a trivial question ”. A new reality that leads Waltio to develop his offer and adapt the accounting law of companies to crypto assets: “At the beginning we supported many professional traders. Today, the companies that own cryptocurrencies are both companies in the sector or more linked to digital, such as companies of artisans ”, explains Pierre Morizot.

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