"The Australian ATO will be keeping a close eye on those who have profited from cryptocurrencies before the end of the financial year. The tax authority has improved its cryptocurrency data matching program, collecting data from 2014-2026 from every exchange legal translation in Australia. 🧐 Share your thoughts on this in the comments!#cryptonews#ATO #taxes

ATO guidance is unclear on how to handle BTC and ETH from Celsius, users may be confused about the tax consequences of refunds.

Mr Saville-Brown advises that advice from an experienced accountant should be sought to calculate tax liability, as the refund amount may be a taxable profit or loss.

Australia got two Bitcoin ETFs this month, but the old rules still apply to the new product and investors will have to pay tax on profits from Bitcoin ETF sales.#BitcoinETF#cryptotax"