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Crypto Tax in Australia
Tax authority: ATO (Australian Taxation Office) · Last updated: 2026
Overview
| Classification | CGT Asset |
| Capital Gains Tax | Marginal tax rate, 50% CGT discount if held >12 months |
| Holding Period | 12 months for 50% CGT discount |
| Cost Basis Method | Specific identification, or FIFO |
| Reporting Forms | Individual Tax Return, Capital Gains Schedule |
Key Rules
- •Crypto is a CGT asset — every disposal is a CGT event
- •50% discount on gains for assets held over 12 months
- •Personal use exemption for transactions under $10,000 (narrow conditions)
- •ATO actively tracks crypto via exchange data matching
- •Staking rewards are ordinary income at time of receipt
Best Crypto Tax Software for Australia
Disclaimer: This guide is for informational purposes only and does not constitute tax advice. Crypto tax rules change frequently. Consult a qualified tax professional in Australia for advice specific to your situation.