Articles
Read our Taxation Law Articles to better understand how we can help you with our expertise.
Categories
All
TPB Investigation
Tax Residency
Tax Related Crimes
Tax Planning
Tax Dispute
Tax Debt
Tax Audit
Tax Advice
Superannuation
International Tax
General
Cryptocurrency Tax
Featured Article
Crypto Tax Treatment
Crypto Tax in Australia.
Cryptocurrency is generally treated as a Capital Gains Tax (CGT) asset when it is sold. However, if you trade heavily in crypto the sale might be on revenue rather than capital account. To further complicate matters, if crypto is used to obtain goods or services and you make a gain of less than $10,000, the gain may be exempt from tax.
Crypto trading is on the ATO radar: in 2020, the ATO sent out approximately 350,000 notices to
[...]
cryptocurrency-tax
Tax Cryptocurrency: ICO income or capital?
As everyone knows, the taxation of cryptocurrency is a very grey area. However, the ATO considers that cryptocurrency is a CGT asset (and not cash). Thus […][…]
