Latest News Of Australian Tax Office Tag

‘Crazy’ Australian tax laws hitting crypto traders hard

Business 26 June 2019

‘Crazy’ Australian tax laws hitting crypto traders hard

The state of Australian tax laws left one crypto owner facing a A$100,000 tax liability—despite only buying A$20,000 worth of cryptocurrency.

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Australian Tax Office warns public of tax payments via crypto ATMs

Business 15 November 2018

Australian Tax Office warns public of tax payments via crypto ATMs

With cryptocurrency ATMs now the most reported means of being scammed, the Australian Tax Office is warning the public on making such payments.

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Australian Tax Office goes after crypto investors

Business 21 June 2018

Australian Tax Office goes after crypto investors

According to Australian Tax Office (ATO), cryptocurrencies are an asset that earn thus are considered capital gains, just like real estate sales which ATO also considers taxable.

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Australia plagued by updated tax scam: Fake tax collectors asking for cryptocurrency

Business 15 March 2018

Australia plagued by updated tax scam: Fake tax collectors asking for cryptocurrency

The Australian Tax Office (ATO) has warned citizens of a tax scam that has been around for years, only this time, fraudsters are asking for cryptocurrencies as payment.

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