ATO News

The taxation of cryptocurrencies is a contentious issue at the moment. Regulators worldwide have taken a serious interest, particularly because certain investors are generating enormous profits from the crypto market, some of which are not recorded on tax returns. Australia’s…

Australia’s tax authority, the Australia Taxation Office (ATO), is planning to contact thousands of Australian crypto traders to remind them of their tax obligations. The move is in line with the ATO’s aim to clampdown on crypto tax offenders. 350,000…