Australia: Treasury announces review into taxation of digital transactions and assets
Description
Treasury announces review into taxation of digital transactions and assets
On 8 December 2021, the Treasurer of Australia announced plans for a review to be undertaken by the Board of Taxation to assess the regulatory situation regarding the taxation of digital assets and transactions. Furthermore, the Board will be required to provide policy recommendations for the taxation of digital assets and transactions.
Original sourceScope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2021-12-08
under deliberation
2022-03-21
under deliberation
2022-08-17
in consultation