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

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The Australian Tax Office (ATO) said 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, ATO Commissioner, spoke on Tuesday at the 14th International ATAX Conference on Tax Administration. stressedMany new crypto investors might not fully understand the implications of their investments. Reporting obligations in tax:

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