Chiara
Fri Jun 07 2024
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7 answers
1386
Does the ATO know about my crypto?｜. In May 2024, the ATO announced it had requested both personal and transaction details on 1.2 million Australian cryptocurrency users from crypto exchanges in an effort to recover unpaid taxes. Yes, the ATO tracks crypto
Does the Australian Taxation Office (ATO) possess knowledge of my cryptocurrency holdings? Given that in May 2024, the ATO revealed its request for both personal information and transactional details pertaining to 1.2 million Australian cryptocurrency users from various crypto exchanges, aiming to recoup unpaid taxes, it stands to reason that they indeed monitor cryptocurrencies. So, am I correct in assuming that the ATO is indeed aware of individuals' crypto activities?
