Source link : https://www.mondialnews.com/2025/06/21/is-cryptocurrency-still-taxed-in-australia-essential-legal-update-you-cant-miss/
Australia’s evolving stance on cryptocurrency taxation has once again captured public and investor attention following a significant legal update. As digital assets continue to gain mainstream adoption, the question remains: Is crypto still taxed in Australia? In this article, Cointelegraph breaks down the latest developments in the country’s regulatory landscape, detailing how recent legal changes impact both casual traders and large-scale investors. Stay informed on what these updates mean for your crypto holdings and tax obligations moving forward.
Crypto Taxation in Australia Remains Enforced Despite Regulatory Changes
Despite ongoing regulatory debates and recent policy shifts, Australian tax authorities continue to strictly enforce cryptocurrency taxation laws. The Australian Taxation Office (ATO) maintains its stance that all crypto transactions, including trading, mining, and earning via decentralized finance (DeFi), are subject to capital gains tax (CGT) or income tax depending on the nature of the activities. Crypto investors and businesses must diligently report their digital asset transactions to avoid penalties, underscoring the government’s commitment to closing loopholes amid an evolving crypto landscape.
Key points on current crypto taxation rules include:
- Capital Gains Tax applies to disposals of crypto assets, such as selling or swapping tokens.
- Income Tax is relevant for miners, stakers, and those paid in cryptocurrency as remuneration.
- Record…
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Author : Samuel Brown
Publish date : 2025-06-21 14:47:00
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