Sold some crypto? The ATO probably know about it, so make sure you include it in your tax return.

The ATO will acquire account identification and transaction data from crypto designated service providers for the 2023–24 to 2025–26 financial years.

Data items that will be collected include:

• client identification details (including names, addresses, date of birth, phone numbers, social media account and email addresses)

• transaction details (including bank account details, wallet addresses, transaction dates, transaction time, transaction type, deposits, withdrawals, transaction quantities and coin type).

The data acquired will be matched to ATO systems to identify taxpayers who failed to report a disposal of crypto assets in their income tax return. The ATO estimates that records relating to approximately 700,000 to 1,200,000 individuals and entities will be obtained each financial year.

Gazette notice: Commissioner of Taxation – Notice of a crypto asset data-matching program

https://www.legislation.gov.au/C2024G00249/latest/text