Taxing Times For Cryptocurrency Investors!

Today we look at the declines in decentralized finance, or DeFi, and the questions relating to the tax treatment of Cryptocurrencies – relevant as we hit the end of the Australian tax year. Everybody involved in acquiring or disposing of cryptocurrency needs to keep records in relation to their cryptocurrency transactions. And The ATO has data matching facilities to check for compliance.

https://www.ato.gov.au/general/gen/tax-treatment-of-crypto-currencies-in-australia—specifically-bitcoin/

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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