Express

Australian Taxation Office To Contact Cryptocurrency Holders To Remind Them Of Tax

Roland James

Summary: Hundreds of thousands of Australian cryptocurrency investors will be receiving reminders of their tax obligations in the coming weeks, according to a report from news.com.au on Wednesday. Investors will receive an email or letter from the Australian Taxation Office (ATO), whether or not they have sold or traded cryptocurrency over the past financial year. The notice ...

Hundreds of thousands of Australian cryptocurrency investors will be receiving reminders of their tax obligations in the coming weeks, according to a report from news.com.au on Wednesday.

Investors will receive an email or letter from the Australian Taxation Office (ATO), whether or not they have sold or traded cryptocurrency over the past financial year. The notice is to reming cryptocurrency holders of their tax obligations and the records they should be keeping.

By Roland James

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 25 days ago
  • You need to login to comment.