Financial & Legal

If you are investing in Crypto currency with the intention of investment to return a profit, then remember any sales generated is assessable income. And Australian taxation office now receives this information from your crypto broker. But good news is, if you make a loss then this could count as a tax loss and you should report it in your tax return. At Australian Tax Specialists, we want to help you and understand how crypto currency taxation works, so that you can avoid ATO penalties and audits.

Resource URL: https://australiantaxspecialists.com.au/shares-crypto-tax

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