Crypto, NFTs in crosshairs as ATO cracks down on digital economy
Normal text size Larger text size Very large text size The Australian Taxation Office (ATO) intends to put more than your run-of-the-mill work expenses and rental income under the microscope this year. As well as more data matching with the digital economy and what people declare in their tax returns, it will also target undeclared profits on cryptocurrency trading and non-fungible tokens (NFTs).
