03-23-2020, 08:18 PM
Crypto Tax in Australia
<!-- SC_OFF --><div class="md"><p>Hi Crypto Community,</p> <p>Is anyone else here from Australia and have any experience or knowledge in reporting cryptocurrency gains, losses, purchases, etc? </p> <p>How often should we report and how accurate do we have to be? Do we have to let the government know exactly what we are holding and how much and every single little trade we do?</p> <p>Does anybody know of any good Tax Agents, Software, Youtubers that are Australian based and tailored to crypto taxing in Australia? </p> <p>I have been HODLing since 2017 and not reported once... I know this was very foolish of me, but I'm trying to be a better citizen now and confess my heavy bags to the Australian Government.</p> <p>Thank you in advance!</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hi Crypto Community,</p> <p>Is anyone else here from Australia and have any experience or knowledge in reporting cryptocurrency gains, losses, purchases, etc? </p> <p>How often should we report and how accurate do we have to be? Do we have to let the government know exactly what we are holding and how much and every single little trade we do?</p> <p>Does anybody know of any good Tax Agents, Software, Youtubers that are Australian based and tailored to crypto taxing in Australia? </p> <p>I have been HODLing since 2017 and not reported once... I know this was very foolish of me, but I'm trying to be a better citizen now and confess my heavy bags to the Australian Government.</p> <p>Thank you in advance!</p> </div><!-- SC_ON --> Kind Regards R