Cryptocurrency and tax: could you end up paying the ATO more than you earned?
by Josh Taylor from Technology | The Guardian on (#600D4)
A lot of investors don't understand their liability, warn tax agents, while others call for the complicated Australian system to be overhauled
As tax time approaches in Australia, cryptocurrency investors have been warned to begin working out what they owe.
Some lessons can be drawn from the recent US tax season, where some enthusiasts found themselves with a tax bill that exceeded their earnings after the recent crypto market crash.
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