• Crypto capital gains are classified as capital gains from disposing of an asset.
• Gains are taxable when you sell, trade, or use crypto for purchases.
• Exemptions include personal use assets under $10,000 AUD.
• 50% discount applies if held for over 12 months.
• Losses can offset other capital gains.

• Mining income is taxed as ordinary income at the time of receipt.
• Staking rewards are taxed as income when received.
• Other crypto income, like airdrops or forks, is taxed as ordinary income.
• Expenses related to earning crypto income can be deducted.
• Income is valued at fair market value in AUD.

• Report all crypto transactions, including gains, losses, and income.
• Report in your annual income tax return.
• Use ATO forms like the Individual Tax Return.
• Keep records of transactions for at least 5 years.
• Deadline is October 31 for self-lodgers, or May 15 for tax agents.

• GST applies to some crypto transactions, like buying goods with crypto.
• Crypto used for business may have different rules.
• Recent ATO guidance clarifies NFT taxation.
• No specific crypto tax, but treated like shares.
• Consult a tax professional for complex cases.