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Public Opinion on ATO’s Crypto Trader Crackdown
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Resolution / Starting Odds
Majority support • 25%
Majority oppose • 25%
Divided opinion • 25%
Indifferent or unaware • 25%
Public opinion polls or surveys published by reputable sources
Story
Australia Targets 1.2M Crypto Traders in Tax Evasion Crackdown
May 7, 2024, 06:00 AM
The Australian Taxation Office (ATO) has initiated a significant crackdown on tax evasion by demanding personal data and transaction details from up to 1.2 million cryptocurrency traders. The data requested by the ATO includes dates of birth, phone numbers, social media accounts, bank accounts, wallet addresses, and other transaction details. This move is part of a broader effort to identify and address tax evasion among users of digital tokens.
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Increased Support • 25%
Decreased Support • 25%
No Change • 25%
Unsure • 25%
Majority approval of SEC's approach • 33%
Majority disapproval of SEC's approach • 33%
Mixed or no clear majority opinion on SEC's approach • 34%
Approve • 33%
Disapprove • 33%
Neutral • 34%
Mostly Supportive • 33%
Mixed Reactions • 33%
Mostly Against • 33%
Increased tax revenue • 33%
Legal reforms for crypto taxation • 33%
Public backlash and protest • 33%
Predominantly Positive • 25%
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Mixed Reactions • 25%
Indifferent • 25%
Significant reduction • 33%
Moderate reduction • 33%
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Increase in support for strict regulations • 33%
Decrease in support for strict regulations • 33%
No significant change in public opinion • 34%
Majority support for X's stance • 25%
Majority support for Australian watchdog's stance • 25%
Mixed or no clear majority • 25%
Shift in public opinion following further developments • 25%
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Unfavorable • 50%
Support • 50%
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Very favorable • 25%
Somewhat favorable • 25%
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