Cryptocurrency Tax - Waterhouse Lawyers - Tax Law Specialists

Cryptocurrency Tax

The law around cryptocurrency tax is complex and on the radar with the Australian Tax Office. In 2020 the ATO issued approximately 350,000 notices to cryptocurrency investors.

It is important that you understand your tax obligations and keep accurate accounting records.

Waterhouse Lawyers have expertise in the crypto tax field; with specialised articles featured in both The Tax Institute and Thomson Reuters Tax Bulletin.

We understand crypto tax can be a grey area. Our expert cryptocurrency tax lawyers can help clarify topics such as:

  • Cryptocurrency and Capital Gains Tax;
  • CGT on Initial Coin Offerings (ICOs) when the value of the cryptocurrency is nil;
  • Converting cryptocurrency to fiat currency;
  • Tax laws around the sale or gift crypto;
  • Crypto-to-crypto trading;
  • Using crypto to obtain goods or services;
  • Personal use asset exemptions from CGT;
  • Chain splits of different versions of cryptocurrency;
  • Crypto tax reporting requirements to the ATO.

 

Need tax help?

We are here to help when your tax or superannuation affairs become overwhelming.

We can liaise with the ATO if you are being audited; obtain a payment plan for a tax debt; and represent you in a tax court case.

Need tax help?

We are here to help when your tax or superannuation affairs become overwhelming.

We can liaise with the ATO if you are being audited; obtain a payment plan for a tax debt; and represent you in a tax court case.

Satisfied Clients

GIC remission relief

That is such wonderful news about the remission of my GIC.

My tax predicament and trying to sort it all out has been rather worrying. I had managed to get myself in quite a state over it all.

But now light at the end of the tunnel.

I can’t thank you, Tania and your office enough for calmly and reassuringly guiding me through the process.

Thank you for taking on my case and thank you for the result – the sun is shining again.

Ludan B—September 2018

Grateful for tax advice

I am grateful to Tania who has offered her assistance.

Tanis’s free of cost consultation has proved that ‘yes ‘there are human beings who helped others in this materialistic world.

No wonder Tania you are highly professional and very kind hearted individual. My entire family is grateful to you. My words are not scripted it’s a real time experience of ordinary individual who is not representing any corporation or business enterprise.

Keith T—May 2018

Mission Impossible Achieved

Tania, You were referred to me after a relentless three year audit of my taxation affairs by the ATO. As well as threatening my  means of livelihood, the audit caused enormous personal stress. But you achieved the impossible and liaised with the ATO to obtain an unbelievable result. I am so grateful to you.

As a result of your fantastic efforts I am now free to get on with my life. Thank you so much.

Mark

Mark G—April 2015

Speedy, Efficient, Friendly

My experience with Tania has been nothing short of awesome. Her expertise, her experience, her speedy work, and her cheery and pragmatic approach has been instrumental in giving us the direction we needed with our case. Tania is a superstar and we love working with her.

Brendan P—March 2015

Never thought I could find help like that

Hi Tania,

I appreciate tremendously the advice and reassurance you gave me when I saw you . I never thought I could find help like that from anyone.

It was a pleasure meeting you and your staff.

Rita B—December 2017

Credentials

Recognition

Law Council of Australia logo - Tax Lawyer Sydney Melbourne
law society of new south wales logo - Tax Lawyer Sydney Melbourne
the tax institute logo - Tax Lawyer Sydney Melbourne
Transfer Pricing Association Global logo - Tax Lawyer Sydney Melbourne