cryptocurrency tax treatment

Cryptocurrency And Taxes | What You Need To Know

Crytocurrency tax treatment and compliance Cryptocurrencies, once again surging in popularity, have a unique tax treatment that every taxpayer dealing with cryptocurrency should be aware of. It’s been more than 10-years since the advent of bitcoin and the term “cryptocurrency” entered the public consciousness. However, neither bitcoin nor the many thousands of cryptocurrencies that have […]

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The ATO has recently updated the cryptocurrency guidelines - image

Tax Treatment Of Cryptocurrencies (Updates)

ATO updates crypto guidelines The ATO has updated its guidelines on the tax treatment of cryptocurrencies, including issues about exchanging one cryptocurrency for another and record-keeping requirements. Trading stock rules apply to cryptocurrency transactions In an update on the ATO website following its earlier guidance in July, the tax office has advised that if you

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