Australia plans to conduct its first international exchanges of crypto tax data under the Crypto-Asset Reporting Framework in 2028.

Overview Debates Related claims Topics Sources

France should tax cryptocurrency conversions into stablecoins

Under the proposed framework, covered crypto service providers must collect customer identification details and report relevant crypto transactions and transfers to national tax authorities.

On October 15, 2026, the Australian Treasury released draft legislation titled Treasury Laws Amendment Bill 2026: Tax information reporting to incorporate the OECD Crypto-Asset Reporting Framework into domestic law.

Australia first committed to adopting the OECD Crypto-Asset Reporting Framework in November 2023 and conducted an initial public consultation from November 2024 to January 2025.

The OECD approved the Crypto-Asset Reporting Framework in August 2022 to combat cross-border tax evasion risks arising from taxpayers holding digital assets in foreign jurisdictions.

The Australian Treasury opened public consultation on the draft crypto tax reporting legislation through October 28, 2026.

The proposed rules for Australian crypto platforms form part of a digital asset financial services framework with an implementation schedule separate from the Treasury's tax reporting proposal.

The proposed Australian bill introduces both international exchange obligations and a domestic crypto reporting regime to provide transaction records to the Australian Taxation Office.

,The OECD Crypto-Asset Reporting Framework covers exchanges between crypto assets and fiat currencies, exchanges between different crypto assets, and certain crypto asset transfers.

Participating jurisdictions under the OECD framework are scheduled to begin their first cross-border exchanges of crypto tax information between 2027 and 2029.

The proposed Australian crypto tax reporting legislation does not establish a new tax rate on cryptocurrencies, but aims to improve access to information for administering existing tax laws.

As of September 2026, 77 jurisdictions, including Australia, the United Kingdom, Japan, and the United States, have committed to adopting the OECD Crypto-Asset Reporting Framework.

The OECD released technical reporting specifications for the Crypto-Asset Reporting Framework in October 2024 and issued updated data exchange guidance in July 2025.

The Australian draft legislation includes provisions to update Australia's Common Reporting Standard governing the automatic exchange of financial account information between tax authorities.

On October 15, 2026, Latvia's parliament, the Saeima, adopted amendments to the Law 'On Personal Income Tax' establishing a one-time crypto declaration window in 2027

Latvia's October 15, 2026 legislation permits an investment-account model for crypto-assets provided by EU-licensed entities operating under the Markets in Crypto-Assets (MiCA) regulation

Latvia's Cabinet of Ministers is scheduled to issue supporting implementation regulations for Latvia's crypto investment-account model by December 30, 2026

Latvia's 2027 crypto declaration window accepts filings from April 1 to May 31, 2027, allows one correction until June 30, 2027, and requires tax payment into the unified account by July 23, 2027

Latvia's 2027 crypto declaration window applies to self-custodied crypto addresses and accounts with EU-licensed providers, but excludes individuals already facing crypto-related tax proceedings

Latvian residents can declare crypto assets held as of December 31, 2026, paying a flat 10% tax rate on their market value at that date