cryptocurrency tax

Cryptocurrency Under the Microscope This Tax Time | Taxwise Australia | (08) 9248 8124

Cryptocurrency Under the Microscope This Tax Time

By Warren Kruger / June 1, 2021 / 0 Comments

  | | | The ATO is concerned that many taxpayers believe their cryptocurrency gains are tax-free, or only taxable when the holdings are cashed back into Australian dollars. ATO data analysis shows a dramatic increase in trading since the beginning of 2020 and has estimated that there are over 600,000 taxpayers that have invested […]

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