Australia has released draft legislation to introduce international crypto tax reporting standards, with public consultation running until October 28, 2026, and the first cross-border exchanges of taxpayer information planned for 2028.
Summary
- Australia released draft crypto tax reporting legislation on October 15, seeking public feedback until October 28.
- The proposal would require domestic crypto transaction reporting and support international exchanges of taxpayer information annually.
- Australia’s first international exchanges of crypto tax information under the framework are currently planned for 2028.
- The OECD reports 77 jurisdictions have committed to implementing…
