Business
Australian Tax Office to Prompt 400000 Crypto Holders to Report Their Gains – Taxes Bitcoin News – Bitcoin News
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations.
Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions.
Tax Office Targets Australians With Crypto-Related Obligations
Concerned about crypto investors evading taxes, the Australian Taxation Office (ATO)…
-
Noosa News17 hours agoReubhan Ralph identified as man behind terrifying childcare centre incident in Peregian Springs on the Sunshine Coast
-
General16 hours agoPolice say new leads being pursued after baby’s body found in Alexander Heights stormwater drain
-
General23 hours agoQueensland announced as 2027 Women’s Softball World Cup host in first Australian event since 1965
-
General19 hours agoMan dies at shopping centre car park at Charlestown following reports of assault