The Australian tax inspection warns cryptoinvestors about obligations

Tax administration Australian Union (ATO) published the prevention for cryptocurrency investors, having reminded them that about a gain of the capital and losses have to be reported each time when the digital asset which includes NFT tokens is on sale. In the light of recent recession in the cryptomarket the assistant to the commissioner of ATO Tim Lo told that "cryptolosses cannot be compensated" by salary or salary investors ". Crypto is popular type of assets, and we expect to see more gain of the capital or the losses of the capital reported in tax declarations this year", - Lo told...