How is crypto taxed?
The Australian Tax Office (ATO) treats crypto as an investment asset, similar to shares or property. This means that when you sell or trade crypto in a way that generates a profit, it may be subject to capital gains tax (CGT).
If you’re just buying and holding crypto without selling, trading, or using it for transactions, you won’t have to pay tax. But once you do, a tax calculator can help you stay on top of what you owe.
How to access your crypto tax report
-
Log in
Log in using your desktop browser, click Transactions, then Tax.
-
Connect
Click “Get started with Crypto Tax Calculator” to automatically create your CTC account.
-
Get your report
Your transactions are now synchronised with your Crypto Tax Calculator account.