Australia’s Tax Office is Using a ‘100-Point’ Check System to Chase Crypto Traders BySamburaj DasPRO INVESTOR Updated: 23 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. The Australian Tax Office (ATO) has cast a wide net to investigate crypto investors after classifying cryptocurrencies like bitcoin as ‘assets’ liable for capital gains taxes. Earlier this year, the ATO published its guidance on the tax treatment of cryptocurrencies. Highlighting bitcoin as an example, the authority said it viewed cryptocurrencies as neither money nor The post Australia’s Tax Office is Using a ‘100-Point’ Check System to Chase Crypto Traders appeared first on CCN
