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Australia: Consultation opened for taxation on digital assets and transactions

Policy overview

Description

Consultation opened for taxation on digital assets and transactions

On 17 August 2022, the Australian Government published its consultation guide regarding the taxation of digital assets and transactions. The consultation process will last until 30 September 2022. The consultation guide includes an overview of the c…

Scope

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

On 8 December 2021, the Treasurer of Australia announced plans for a review to be undertaken by the…

2022-03-21
under deliberation

On 21 March 2022, the Australian Government published the Terms of Reference for the review that is…

2022-08-17
in consultation

On 17 August 2022, the Australian Government published its consultation guide regarding the taxatio…

2022-09-30
processing consultation

On 30 September 2022, the Taxation Board's consultation regarding the taxation of digital assets an…