AUSTRALIAN TAX OFFICE TO CRACK DOWN ON CRYPTO TAX EVADERS

Australian Tax Office To Crack Down On Crypto Tax Evaders. Australian CoinsForTech Launches Bitcoin-Only Marketplace OneWallet.io. Australian crypto investors sitting on the sidelines for clearer laws: Swyftx CEO. Australian Blockchain Test on Amazon Cloud Reaches 30,000 Transactions per Second. Australian Securities Exchange Switch to Blockchain Delayed to 2022. Australian Stock Exchange Will Become Worlds First to Adopt Blockchain. Australian crypto users will have access to tax reporting services through Crypto.com. Australian firm NYBlue secures over one million carats of blue zircon, launches RWA token. Australian government offers $6M in grants to innovative blockchain teams. which includes wrapped tokens and decentralized finance (DeFi). In the new rules, amid, The Australian Taxation Office (ATO) is collecting bulk records from Australian cryptocurrency designated service providers (DSPs) as part of a data matching program to ensure people trading in cryptocurrency are paying the right amount of tax. Data to be provided to the ATO will include cryptocurrency purchase and sale information., Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges of up to 1.2 million accounts to crack down on potential tax evaders, as well as bilateral tax treaties and anti-money laundering commitments to, the tax, The Australian Tax Office will use data matching and 100-point identification checks to track down crypto investors, The regulator is attempting to crack down on people trying to avoid paying their tax liabilities. The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal, The Tax Office will force cryptocurrency exchanges to hand over up to 1.2 million traders transaction details each year as it cracks down on people dodging their capital gains liabilities, Australia's tax office has sought from crypto currency exchanges the personal data and transaction details of up to 1.2 million accounts as it looks to crack down on users who may be failing to, The Australian Taxation Office (ATO) has reportedly asked crypto exchanges to provide them with the personal data of over 1 million accounts to crack down on tax evasion. The development follows ATO s update on its capital gains tax guidance last year, Reuters reported. This move marks a significant escalation in the ATO's efforts to ensure compliance in the rapidly expanding digital currency market..