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

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

Integrity shines

I would like to thank you once again for being so honest and fair with me and I very much appreciate your gesture to reduce your fees.

I would certainly recommend you to anyone looking for a good lawyer and one with integrity.

John

John T—February 2015

Lamees, You honestly have no idea what this has done for us today, I have been off unwell today but I have just seen this and it has made my entire YEAR…….this WILL get us through and we ARE now going to be able to well and truly do this……I can NOT thank you enough Lamees.

I have just seen this and it has made my entire YEAR

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

Forever Grateful

Tania, I just wanted to say a huge THANK YOU for all you have done.

An ATO audit that was turning very ugly, thanks to an extremely uncooperative accountant, has now had an excellent result! I knew I needed professional help and finding you through an internet search was a godsend. You were able to turn this horrible situation around and knowing I had you in my corner, helped put my mind at ease.

Now today you’ve told me it’s all over, the review is complete and we’ve had a great success – what a relief. I can now breathe and refocus on my business.

Thank you Tania – you’re a star and I wouldn’t hesitate recommending you and your firm.

Jennifer P—November 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