The Australian Taxation Office issued a gazette notice to “crypto designated service providers” of its data-matching program.
The Australian Taxation Office (ATO) issued a gazette notice to “crypto designated service providers” of its data-matching program.
According to the notice, the ATO will acquire account identification and transaction data for the 2023-2024 financial year through to the 2025-2026 financial year inclusively.
The data items include:
The notice further adds that the data will be acquired and matched to ATO systems to identify and treat clients who failed to report a disposal of cryptoassets in their income tax return.