ATO Targets 1.2 Million Crypto Accounts in Major Crackdown on Tax Obligation Awareness

The Australian Tax Office (ATO) has announced a new record-matching program that seeks to access the details of up to 1.2 million crypto exchange account holders every year. ATO says the program doesn’t generate automated enforcement actions and will be used mainly to inform crypto investors of their tax obligations. Beware, Australian crypto investors—the ATO…

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