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Australia’s Tax Office Targets Bitcoin Investors

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Australia’s Tax Office Targets bitcoin Investors

The post Australia’s Tax Office Targets Bitcoin Investors appeared first on CCN

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 … Continued

The post Australia’s Tax Office Targets Bitcoin Investors appeared first on CCN

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