Tax Experts claim ATO serious on Crypto Tax disclosures

Tax Experts claim ATO serious on Crypto Tax disclosures

The Australian tax professionals affirmed that the Australian Taxation Office is cracking down on investors. The authority stressed the crypto investors to meet their tax liabilities. Liz Russell, a senior tax agent at Etax.com.au, stated that the authority would be “doubling down its data-matching technology to ensure that Australians are paying taxes owed through crypto trading.”

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