Introduction While investing in crypto assets can be rewarding, you need to be aware that there are differences between investing in crypto assets and traditional assets (such as foreign currency and shares) for Australian tax purposes. The Australian Taxation Office (ATO) applies existing tax…
Background It’s no secret that the ATO wants a piece of your crypto gains, but are they taking more than you think they should? Thinking…
Background We have published an in-depth guide for DeFi taxes which includes specific examples for a wide range of products including…
Is buying crypto with fiat currency taxable? In most jurisdictions, cryptocurrency is viewed as property, a type of asset that is different…
Introduction With so much talk about decentralization being interlinked with the concept of crypto, many users are under the impression that…
The past month has seen the crypto industry in absolute turmoil as crypto titans FTX and Alameda have gone bankrupt, leaving millions…