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Cryptopolitan 2023-11-14 13:46:25

Australia tax office tightens grip on DeFi transactions

The Australian Taxation Office (ATO) has recently issued fresh guidelines outlining the tax implications for decentralized finance (DeFi) activities and the process of wrapping and unwrapping crypto tokens. This move follows their May 2022 agenda, highlighting crypto capital gains as a priority topic. Consequently, the ATO’s new guidance sheds light on the intricate tax responsibilities ... Read more

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