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Australian Tax Office says it can’t rely on crypto users’ own records

“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Australian Tax Office says it can’t rely on crypto users’ own records

“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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