
Dabbled in Crypto? You Might Have a Tax Bill
If you bought, sold, staked, swapped, or even just tested cryptocurrency in the past year, you may have crypto tax obligations in Australia that you did not realise. The ATO is paying close attention to crypto activity – and even one or two trades could result in a capital gains tax (CGT) event. Whether you are a casual investor or deeply involved in DeFi, it is crucial to understand how crypto tax in Australia works before lodging your return. Does the ATO Know About My Crypto? If you bought, sold, staked, swapped, or even just tested cryptocurrency in the past year,