Crypto tax in Australia
How is cryptocurrency taxed in Australia?
In Australia, cryptocurrency is taxed as capital gains. The headline rate is 45%, and long-term gains are not exempt.
Common questions
- What is the capital gains tax rate for crypto in Australia?
- The headline capital gains tax rate in Australia is 45%. The standard capital gains tax rate is 22.5%.
- Are there exemptions for long-term crypto holdings in Australia?
- No, Australia does not offer exemptions for long-term cryptocurrency capital gains.
Crypto in Australia is taxed as a capital gain.
Treatment
taxed as a capital gain
Long-term
Still taxed
Headline rate
45%
For a relocating individual in Australia, crypto disposal gains are generally taxed as capital gains, with a possible CGT discount after 12 months but not a full long-term exemption.
“A capital gain on the disposal of a crypto asset is exempt from CGT if: - it is a personal use asset - you acquire it for less than $10,000.” — Australian Taxation Office
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.