Australian Tax Authorities Collect Crypto Data to Verify Tax Compliance

Australian Tax Authorities Collect Crypto Data to Verify Tax Compliance
фото показано с : btcmanager.com

2019-5-2 13:00

The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes.

Cryptocurrencies: Enabler of Existing Risks for the ATO According to the press release on ATO’s official website, thereRead MoreRead More. The post by Mohammad Musharraf appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\. origin »

Australian Dollar (AUD) на Currencies.ru

$ 163738.96 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $152155.78 - H: $163738.96
Капитализация $0 Rank 99999
Цена в час новости $ 7653.13 (2039.5%)

ato australian cryptocurrency tax risks according release

Источник: btcmanager.com

ato australian → Результатов: 15


Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

IRS grants temporary relief on crypto tax reporting rules amid legal challenges

The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. The decision reflects the agency’s recognition of the complexities in crypto taxation and the need for regulatory adaptability in response to evolving markets.

South Korea mulls delaying 20% crypto tax amid local pressure

South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.