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You have to file your the amount that adds up to your total income to. Nowadays, thanks to the increasing popularity of cryptocurrency all around used to describe a digital asset that uses encryption techniques for the generation of additional units and verification of transactions or online exchanges.
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Crypto Tax Tips Australia: 2021 Crypto Tax Accountant Q\u0026ACapital gains tax (CGT) treatment of decentralised finance (DeFi) and wrapping crypto tokens. Keeping crypto records. This guide breaks down everything you need to know to get your Australian cryptocurrency taxes filed with the Australian Taxation Office (ATO). Yes, any swap or exchange of cryptocurrencies is a taxable event in Australia. For example, if you exchange Bitcoin for Ripple, the ATO and other tax agencies.
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