Cryptocurrency Tax

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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.

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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.

CALL US TODAY

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.

CALL US TODAY

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Satisfied Clients

Hi Lamees,

I cannot thank you enough. This is the best outcome for my son. It will will give him the opportunity to start over.

Thank you for your professional service and utmost attention to his case. You have been great and your assistance was appreciated.

We will drop by at your office sometime soon to say thank your personally.

Thank you again Lamees

Thank you for saving my son from his tax debt

When I was audited by the ATOI was given the wrong advice by my legal and accounting advisers. I was therefore left with a very unfavourable outcome and I had to object

I engaged the team at Waterhouse Lawyers for my audit objection and they were able to successfully reverse some very poor ATO decisions. I wish I had contacted Tania and team as soon as I received the original audit notice rather than trying to deal with the matter myself.

Unfortunately due to the original advice I had, the matter then progressed to something of a very serious nature. I contacted Tania and she very quickly returned my call and was able to give me advice at a time that was terrifying for me personally.

Tax Audit – Objection – grateful thanks

A million thanks for a great result

Well thank you God & thank you Tania! I’m so grateful to you for your advice and for the time and care taken in the delivery so I could trust you and follow that advice. A very happy Christmas to you and many blessings as you have given me the best gift I could hope for.Lauren

Lauren D—December 2014

Big thank you from a happy yachtie

Dear Tania,

Well I would just like to thank you the hard work you applied in my case of non residency for tax purposes. Your background knowledge and experience in previous cases with yacht crew is clearly evident when dealing with Waterhouse.

The kind assistance throughout the ordeal was professional and courteous and was consistently kept up to date from start to finish, I will definitely recommend your firm to my fellow colleagues in the yachting industry!!!

Stuart E—July 2018

Thank you

Thank you so very much Tania.

Words cannot adequately express how grateful I am to you for your assistance with my complicated foreign matter.

You are approachable, understanding and patient and worked tirelessly, even over weekends, to attain an outcome beyond my expectations.

I’m finally able to sleep at night, thank you.

Amanda P—March 2017

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Need tax help?

Need tax help?

Satisfied Clients

Thank you for saving my son from his tax debt

Tax Audit – Objection – grateful thanks

A million thanks for a great result

Lauren D—December 2014

Big thank you from a happy yachtie

Stuart E—July 2018

Thank you

Amanda P—March 2017

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