Stock Groups

Australian Tax Office says it can’t rely on crypto users’ own records -Breaking

[ad_1]


The Australian Tax Office (ATO) says it can’t rely on crypto investors to keep track of their crypto transactions and profits — even though most investors try their best.

Chris Jordan was a commissioner for the ATO at the International ATAX Conference on Tax Administration, Nov. 23. stressedNew crypto investors could not understand what their investment options are. Reporting obligations in tax:

Chainalysis is down below