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Do you have questions about tax and cryptocurrency? Read this first!

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@AmandaE wrote:

Hi everyone,

 

It’s great to see so much interest in how tax applies to cryptocurrency! We really appreciate your questions, and we’re learning more about the kind of information you’re looking for with every post.

 

Cryptocurrency is constantly evolving and changing, and we want to make sure that we’re providing information you can rely on. Torrent We’re working with specialist areas in the ATO to get the answers you’re looking for, but there’s been a huge increase in enquiries over the last few weeks and it may take us a while to get back to you.

 

If you’ve posted or subscribed to a thread about cryptocurrency, you’ll get an email when we add a new response – you can subscribe to a post by signing into your account and clicking the ‘Topic options’ TurboTax icon up in the top right hand corner of the post you’d like to follow. Select ‘Subscribe to RSS Feed’ to get updates.

In the meantime, you can find general information on the tax treatment of cryptocurrency on our website, or contact our Gogoanime if you need personalised advice to help you manage your tax affairs.

 

Thank you so much for your patience and your support.


on the off chance that you view yourself as a financial specialist yet exchange a little measure of your property reguarly would you say you are currently viewed as a merchant?

This will clear up apportion of falsehood and distortion of data gave.