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Category: Cryptocurrency

19 August 2022 - GAP Accountants

The ATO is warning taxpayers to not engage in ‘asset wash sales’ to artificially increase their losses to …

08 November 2021 - GAP Accountants

The ATO will acquire transaction report information data from AUSTRAC for the period of 17 June 2021 through …

02 August 2021 - GAP Accountants

The ATO has advised that it will engage in two new data matching programs, as outlined below:

the ATO …

10 June 2021 - GAP Accountants

The ATO is concerned that many taxpayers believe their cryptocurrency gains are tax-free, or only taxable when the …

12 June 2019 - GAP Accountants

The ATO is collecting bulk records from Australian cryptocurrency designated service providers (‘DSPs’) as part of a data …

15 August 2018 - GAP Accountants

With interest in cryptocurrencies (such as Bitcoin) increasing, the ATO has issued guidance regarding various tax consequences of …

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