Tag: cryptocurrency accounting

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Cryptocurrency

The ATO tightens the reigns on Crypto transactions as the data-matching program is locked in

As the ATO data matching program ramps up, Australians who have invested in cryptocurrency will no longer be able to conceal their transactions from the ATO to avoid paying tax.

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Tax

The Tax Handling of Cryptocurrencies in Australia

Cryptocurrency has been the term on everyone’s mind lately, the ATO is figuring out how to be sure that investors and traders aren’t dodging their taxation responsibilities.

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Tax

ATO’s good-faith approach to crypto won’t last much longer

The ATO has upheld its good-faith approach to the accounting of cryptocurrencies, however it isn’t likely to last much longer.

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