Cryptocurrency and tax: could you end up paying the ATO more than you earned?

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Cryptocurrency and tax: could you end up paying the ATO more than you earned?
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A lot of investors don’t understand their liability, warn tax agents, while others call for the complicated Australian system to be overhauled

Mark Chapman, director of tax communications for H&R Block, told Guardian Australia the company was expecting thousands of clients seeking help with their crypto investments this year, adding they tended to have at least some knowledge of their tax obligations.

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