Australian Taxation Office  
 
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Hi

 
 
   
 


Disposing of your cryptocurrency can result in capital gains tax obligations

 
 
 
 

 
Our records indicate you have previously
disposed of cryptocurrency.
 
Exchanging cryptocurrency for goods, cash or other cryptocurrencies is normally considered a disposal for
capital gains tax purposes.
 
Make sure to include any resulting capital gain or loss
in your tax return.
 
By reporting your capital losses, you can carry them forward to offset your future capital gains.
 
Remember to keep your records.
 
 

 
     
 
 
  Find out more  
 
 
 
     
 

2020 has been difficult but your
tax return doesn’t need to be

 
 
 

Check out our tax time essentials to make it easier

 
 
 
 
  ato.gov.au/taxessentials  
 
 
 
     
 

Help is available

 
 
 

For those affected by COVID-19, bushfires or other disasters

 
 
 
 
  ato.gov.au/disasters  
 
 
 
 
 
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73317.501893-06-2020