cryptotaxau

$BTC | A crypto transaction reporting proposal is making headlines in Australia this week. On the desk we never treated exchange activity as private from the ATO. SatoshiMacro's crypto CGT guide notes the ATO already runs a data matching program with exchanges, pulling identity and transaction data before most people lodge, and that a 37 percent earner nets about 18.5 percent on a discounted gain. My read: a formal law just names what was already happening. It is general guidance, not tax advice. Check your cost base now.

https://satoshimacro.com/guides/crypto/crypto-capital-gains-tax-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-1

#SatoshiMacro #AustraliaProposesCryptoTransactionReportingLaw #CryptoTaxAU #Bitcoin