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Bitcoinist
2019-05-03 15:00:28

Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders

Thus far, Australian cryptocurrency traders have been able to avoid the gaze of the tax man without too much effort. But this week, the Australian Taxation Office (ATO) launched a data-matching program, in an attempt to hunt down evaders. Up To 1 Million Australians Hold Crypto Assets According to ATO estimates, between 500,000 and one million Australians have holdings in some form of crypto asset. Of particular concern is the use of cryptocurrency to moveRead MoreThe post Australia Tax Office Tries To Track Down Cryptocurrency-Tax Evaders appeared first on Bitcoinist.com.

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