News – CCN
Australia’s Tax Office Targets bitcoin Investors
The post appeared first on
The ATO (Australian Tax Office) is tightening up in attempts to close loopholes in investments in cryptocurrencies like bitcoin. Cryptocurrency will be one area going under close attention, alongside work expenses and incorrect claims. Mark Chapman, H&R Block’s director of tax communications told reporters that these were areas that had seen “systemic abuse”, costing the …
The post appeared first on