Finland – Software package and information systems – Crypto Asset Tax Calculation Solution

Crypto Asset Tax Calculation Solution The Finnish Tax Administration seeks to procure a production-ready software solution for the processing, analysis and tax calculation of crypto-asset transaction data. The purpose of the procurement is to support tax assessment, tax control, tax audits and analytical activities related to crypto-assets. The solution will be used to analyse cryptocurrency transaction histories, determine the tax consequences of crypto-asset transactions and produce information that can be further utilised within the Finnish Tax Administration’s internal processes and systems. The procurement concerns a software solution capable of importing, processing, analysing and exporting cryptocurrency transaction data originating from multiple sources. Such data may be obtained from taxpayers, cryptocurrency exchanges and trading platforms, cryptocurrency wallet applications, blockchain addresses and other sources of cryptocurrency transaction information. The solution is intended to support the Finnish Tax Administration in the examination of cryptocurrency transaction histories, identification and classification of transactions, reconstruction of transaction chains, identification of transfers between wallets and service providers, calculation of capital gains and capital losses, and application of cryptocurrency tax rules. In addition, the solution shall support the export of transaction and calculation data for further processing within the Finnish Tax Administration. The solution may be used both as a standalone tool for cryptocurrency transaction analysis and tax calculations and as a source of transaction and calculation data for use within the Finnish Tax Administration’s internal systems. The primary objectives of the procurement are to improve the efficiency of processing cryptocurrency transaction histories, increase the transparency and traceability of tax calculations, enable independent verification of calculation results, ensure the availability of transaction and calculation data in reusable formats and reduce the amount of manual work required in the analysis and taxation of cryptocurrency transactions. The procurement includes software licences, access to the production environment, user documentation, training materials, technical support services and the related rights and deliverables specified in the procurement documents. Detailed functional, technical, operational and licensing requirements are set out in the appendices to the Call for tenders.