Consultation on Crypto Asset Reporting Framework and related amendments

Treasury released its consultation paper inviting views on how Australia applies the Crypto Asset Reporting Framework .

The consultation paper explores the following issues:

• The policy merits of transposing the OECD model into our domestic tax law (compared to a
  bespoke policy approach).
• Potential implementation considerations.
• The timeline for implementation that would minimise compliance costs on the community.

The consultation closes 24 January 2024.

Read more here.