Crypto Tax in Australia - The Definitive 2024 Guide
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…
Hard forks - what are their tax implications?
What is a hard fork? In the crypto world, a ‘hard fork’ occurs when a blockchain’s programmers decide to pivot. This is…
The HMRC is requesting input on DeFi tax
In July, the HMRC put out a call for evidence pertaining to the taxation of DeFi activity. In their own words, the HMRC…
How is crypto gambling taxed?
While some may describe investing in crypto as a gamble, that’s not the focus of today’s blog post. Today, we’ll be…
IRS updates crypto question on Form 1040
IRS updates crypto question on Form 1040 The Internal Revenue Service (IRS) has proposed an update to a question…
How The IRS Knows You've Traded Crypto
Background One of the key ideas behind crypto is privacy, the decentralized nature of the space means you can keep your…
