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ATO determining whether DeFi investments trigger capital gains tax

Australia’s taxman is considering clearing the air when it comes to the capital gains implications of Celsius and other DeFi platforms.

ATO determining whether DeFi investments trigger capital gains tax
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ATO determining whether DeFi investments trigger capital gains tax

In a statement to nestegg, the ATO confirmed that it had been taking a closer look at crypto-based finance platforms like Celsius and how they fit into the current tax framework.

Read more at nestegg

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