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

Responsive, knowledgeable tax advice

I searched for a long time for responsive, knowledgeable tax advice.  I finally found it with Waterhouse Lawyers.

I had very technical matters to address, and Tania Waterhouse invested many more hours than I paid for, and successfully resolved the issues.  I am very happy with the outcome.

Equally valuable was the personal touch Tania brought to our interactions.  I will use Waterhouse Lawyers’ services for all my future needs.

I unreservedly recommend them for any taxation matters.

Reid

Reid M—July 2016

Thank you Waterhouse Tax Lawyers

I cannot recommend Waterhouse Lawyers highly enough. I am a tax agent and referred a client to the team at Waterhouse Lawyers who was in quite a bit of trouble after lodging numerous years of Income Tax returns very late but for good reason.

It was beyond me to try to tackle the issues we had with the ATO on our own. I was so relieved the first time I spoke with Tania, I just knew I could leave it in safe, capable hands. I was so confident after talking with her.

The staff handling everything communicated and updated us on the way and were a great support. We had an amazing outcome, but I knew they would achieve the result in the end, I just knew from the beginning.

You are all amazing there.

I hope not to use your services in future! But I am relaxed knowing there is a team out there that I can call on to assist any of my clients with the really big legal issues they have with the ATO.

Thank you all again. Thank you Tania. I hope we can keep in contact into the future.

Melissa P—November 2018

In a time filled with emotional and stressful challenges, seeking advice from Tania Waterhouse was the best decision I could have made. Her guidance provided me with the clarity and confidence needed to navigate through my issues. She has a remarkable ability to ease one’s mind with her expertise and genuine support. I highly recommend Waterhouse Lawyers for anyone in need of legal guidance.

Michelle K – April 2024

What a relief

Tania, I am so very grateful for all your help over the past few months. Things turned out as I had hoped, but much better than expected. My sister will also be happy because she was concerned for me.

Thank you, thank you and thanks again. I just let out a huge exhale for I was almost holding my breath.

Of course I will be pleased to recommend you to others.

Lisa B—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

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