Australia2026.10.16TokenPost

Australia Releases CARF Draft Legislation — Comments on Crypto Asset Reporting Due by the 28th

• Treasury published the exposure draft of the 'Treasury Laws Amendment Bill 2026: Tax Transparency Reporting' along with explanatory materials on October 15.
• The draft incorporates the OECD's Crypto-Asset Reporting Framework (CARF) into Australian law, requiring crypto asset service providers to report customer transaction data to tax authorities.
• Public consultation on the draft is open until October 28, following up on Treasury's 2024 consultation paper on the same framework.