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Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia's draft bill advances OECD crypto tax reporting framework adoption.
Context
What happened: Australia released draft legislation, the Treasury Laws Amendment Bill 2026: Tax information reporting, to implement the OECD Crypto-Asset Reporting Framework in Australian law and create a domestic crypto reporting regime. Comments are open until Oct. 28.
Key numbers: Comment period ends Oct. 28. Australia is among 77 jurisdictions committed to CARF.
Why it matters: The bill would enable automatic exchange of crypto tax information between countries, part of Australia's stated plan to adopt CARF alongside a domestic reporting regime.
What changed
Australia released draft legislation, the Treasury Laws Amendment Bill 2026: Tax information reporting, to implement the OECD Crypto-Asset Reporting Framework in Australian law and create a domestic crypto reporting regime. Comments are open until Oct. 28.
Why it matters
The bill would enable automatic exchange of crypto tax information between countries, part of Australia's stated plan to adopt CARF alongside a domestic reporting regime.