Divly vs TaxBit: Retail European Filing vs Enterprise Compliance
Divly calculates capital gains for individual European filers across 13 countries, connecting to over 200 exchanges and wallets to produce official localized forms such as Sweden's K4 and Germany's Anlage SO. Paid tax reports cost from €39 per tax year for up to 100 transactions, and an account requires only an email address without identity verification.
TaxBit operates as an institutional compliance engine for exchanges, brokers, and fintech platforms across more than 70 jurisdictions. Founded in the United States, TaxBit automates regulatory filings including IRS Form 1099-DA, CARF, and DAC8 across portfolios covering over 50 million accounts. Divly serves individual taxpayers and independent accountants preparing local European returns, whereas TaxBit provides backend infrastructure for corporate information reporting.
Quick verdict
The core difference lies in the target audience: Divly serves private individuals needing personal tax returns in specific European markets, while TaxBit supplies enterprise compliance tools for brokers and financial institutions.
Choose Divly if you are an individual trader filing in Sweden, Germany, France, or ten other European countries and want official forms like the K4 or Anlage SO without identity checks. It lets you import data from 200 wallets and exchanges with pricing starting at €39 per tax year.
Choose TaxBit if you run an exchange or brokerage that must issue Form 1099-DA, collect W-9 documentation, or meet cross-border reporting frameworks like CARF and DAC8 across dozens of international jurisdictions.
| Feature | ||
|---|---|---|
| Ratings | ||
| Our score | 4.1/5 | 4.1/5 |
| User rating | No reviews yet | No reviews yet |
| Accuracy | 4.5 | 4.5 |
| Integrations | 3.5 | 4.0 |
| Pricing | 4.0 | 3.0 |
| Report coverage | 4.5 | 5.0 |
| Ease of use | 4.0 | 4.0 |
| Specs | ||
| Tax reports for | United Kingdom, Germany, France, Netherlands, Spain, Italy, Other | United States, United Kingdom, Canada, Australia, Germany, France, Netherlands, Spain, Italy, Other |
| Paid plans from (per tax year) | $39 | Not disclosed |
| Exchange & wallet integrations | 200 | Not disclosed |
| Reports produced | K4, Anlage SO, Form 2086, PIT-38 | 1099-DA |
| Accountant portal | Yes | Yes |
| Tax professional support | Yes | Yes |
| Company | ||
| Founded | 2021 | 2018 |
| Headquarters | Sweden | United States |
| Investors | DHS Venture Partners, Greens Ventures, YEoS Ventures | IVP, Insight Partners, Galaxy Ventures |
| Strengths and weaknesses | ||
| Pros |
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| Cons |
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| Best for | Swedish crypto traders filing K4 forms, European investors wanting local-language forms, Accountants managing European client crypto taxes | Crypto exchanges filing 1099-DA forms, Fintechs navigating CARF and DAC8, Institutions reporting digital asset payees |
Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.
FAQ
Can individual retail investors use both Divly and TaxBit?
Divly is built directly for individual retail investors and accountants filing European tax returns. TaxBit is an enterprise compliance platform designed primarily for brokers, exchanges, and financial institutions handling customer tax reporting.
Which countries does Divly cover compared to TaxBit?
Divly generates localized tax filings for 13 European countries, including Sweden, Germany, France, and the United Kingdom. TaxBit supports regulatory reporting rules across more than 70 jurisdictions worldwide, including the United States, Canada, and EU member states.
Does Divly support IRS Form 1099-DA?
No, Divly does not generate United States broker forms like 1099-DA. TaxBit prepares 1099-DA filings and Form 8949 schedules as part of its regulatory reporting engine for digital asset platforms.
How does pricing compare between Divly and TaxBit?
Divly publishes fixed retail pricing starting at €39 per tax year for up to 100 transactions. TaxBit does not publish fixed retail tiers for individual investors, as its core service provides enterprise reporting infrastructure to institutions.