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

Professional and honest support in stressful time

Hi Tania,

You and your team worked tirelessly and we couldn’t have been more impressed or supported by you.  Your team’s professionalism, communication and honest support gave us reassurance during a very stressful time.

We received the best result which was only achieved by their you and your team’s commitment and hard work.

Ludan B—January 2017

ATO Tax Debt

Just when I thought there was no way to clear my ATO debt, Tania was there to negotiate on my behalf in a professional upfront honest caring manner. You are an Angel. Because of Tania, we are able to keep our family home, and have a life again free of the stress we had been suffering trying to clear a large debt.

Thank you sincerely Tania!

I would highly recommend Tania Waterhouse to anyone that has any form of debt to the ATO. Tania knows how to address an issue, and keeps you informed along the way. We can’t thank you enough on the professional guidance you provided based on your knowledge on taxation law, and what we can and can’t do. Once again, thank you!

Alex V—March 2019

Gobsmacked – unbelievable client service from tax lawyer

Can I please just say how gobsmacked I was that you would make yourself available for a  client, let alone a new client on a Sunday. Unbelievable client service.!!!! .That is above and beyond service. You certainly are what your website promotes. Thank you.

Shane B—April 2018

Dear Tania and the Team,

I can’t thank you enough for your meticulous work and dedication. You’ve once again achieved an outstanding result, and I’m truly grateful. Taking on the ATO twice on my behalf-and succeeding both times- speaks volumes about your professionalism and remarkable expertise. It means a great deal to have such a capable caring, and determined team looking out for me. Thank you for the expert and personal care you have shown throughout.

 

With Heartfelt thanks,

K

Outstanding result in tax audit

Fantastic help

OMG – it’s the truth – you told the truth – that’s a strategy?! I LOVE it – I’m so happy – however the [government agency] responds will be OK by me. It’s perfect, you have made sense of a time in my life and behaviour and responses I didn’t understand.

The reasoning and explanation in your letter is more valuable to me personally than the [agency’s] outcome. A win would be great, but no matter what happens, I can definitely take heed of this, develop better insight, work on improving my response to confronting and conflicting events and have a happier life, which is and must be the ultimate goal.

Seriously grateful and overwhelmingly impressed by your ability to nail the issues in such a way that I will have peace of mind no matter what the outcome.

Rosemary

Rosemary P—November 2014

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