Australian Tax Office to scale up Surveillance on Cryptocurrency Traders

Australian Tax Office to scale up Surveillance on Cryptocurrency TradersThe 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 tax authorities are the latest to act in this direction, warning would-be cryptocurrency and NFT

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Source and More information: Crypto to Crypto Transactions are Taxable in Australia – Strict Reminder from ATO

Author: BTCManager.com