Rocketing the crypto assets send shivers across Virtual World
The ATO has advised in a recent notice that it will collect data from cryptocurrency designated service providers as part of a data-matching program to ensure taxpayers are meeting their tax and super obligations.
The data collected will include a selection or fields listed for 2014–15 through to 2019–20 financial years including name, address, Australian Business Number, date of birth, contact number, email address and social media account.
ATO expands data-matching program for crypto assets
The Indonesian Directorate General of Taxes (DJP) and the Australian Tax Office (ATO) signed a Memorandum of Understanding for crypto information exchange arrangements on April 22 at the Australian Embassy in Jakarta
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