Australia unveils draft bill for global crypto tax information sharing

Australia has taken a new step in tightening crypto regulation with the release of draft legislation aimed at enabling the automatic exchange of cryptocurrency tax information between countries. The Treasury Laws Amendment Bill 2026: Tax information reporting is now open for public comment until October 28. The bill would establish the legal groundwork for phasing in the Organisation for Economic Co-operation and Development (OECD) Crypto-Asset Reporting Framework, known as CARF, as well as the launch of a dedicated domestic crypto reporting scheme.

Source: CoinTurk News