Australia Plans Capital Gains Tax Change Affecting Crypto

Cointelegraph Staff

(07:18 AM UTC)

1 min read

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.

The Albanese government’s fiscal year 2027 budget, set to be released on Tuesday, would cut the current 50% capital gains tax discount alongside changes to housing investment taxes, the…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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