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The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office. Go to Source
The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets. Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes The Australian Taxation Office is Looking for Public Opinion Concerning … Read more
