Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Michael Saylor Predicts Bitcoin to Reach $13M by 2045

    Bluebird Mines Gold Revenue for Bitcoin Treasury

    MicroStrategy Upsizes IPO to $1B for Bitcoin Purchase

    Trump Media Plans $12 Billion Bitcoin Investment

    Trump Media Raises $12 Billion for Bitcoin Acquisition

    Strategy Increases Stock Offering to Acquire Bitcoin

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    ETH/BTC Ratio Tests Key 2021 Bull Market Support

    Solana Faces $50M Long Squeeze Amid Rally Speculation

    Solana Long Squeeze Sparks Potential Rally to $300

    Coinbase to Delist Four Crypto Assets in June

    Elon Musk’s X Partners with Polymarket for Prediction Platform

    Bittensor Achieves Record 118 Active Subnets in Decentralized AI

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Australia Imposes 15% Tax on Unrealized Crypto Gains

Solomon M. by Solomon M.
June 3, 2025
in Latest News
Key Points:
  • Australia introduces 15% tax on unrealized crypto gains.
  • New $5,000 AUD cap on crypto ATM transactions.
  • Potential decreases in investment inflows noted by experts.
australias-new-cryptocurrency-tax-measures
Australia’s New Cryptocurrency Tax Measures

Australia’s government will enact new cryptocurrency tax measures on July 1, 2025, adding a 15% tax on unrealized gains exceeding $3 million AUD and limiting crypto ATM transactions.

The policy potentially impacts high-net-worth investors and is viewed by some experts as detrimental to Australia’s market competition and growth. Critics express concern over reduced investor confidence.

The Australian Taxation Office (ATO) and AUSTRAC, Australia’s financial intelligence agency, announced changes affecting individuals with multimillion-dollar assets. Capital gains tax will apply to traditional and digital assets. Ripple CTO David Schwartz suggests using assets as collateral to manage new regulations.

AUSTRAC’s cap aims to combat scams, focusing on safeguarding individuals over 50. Financial analyst Fred Krueger labels the policy a “landmark” shift, emphasizing its profound effect on taxation. Tom Lee from Fundstart Capital criticizes the decision, fearing it will stifle growth and deter investment.

“Use appreciated assets as loan collateral rather than liquidating them to navigate the new unrealized gains tax.” – David Schwartz

Prior to this, favorable frameworks, such as a 50% CGT discount for long-term holders, existed in Australia. Investors express fears of complications in interpreting the ATO guidelines. The typical tax filing deadline is set for October 31, 2025, with potential extensions available for those using accounting services.

Experts predict the policy may shift Australia’s economic landscape, impacting investor activity and fiscal decisions. Historically, such bold shifts indicate regulators aim to ensure economic stability amidst budget challenges. The reaction will likely unfold as investors adjust to new rules in anticipation of the first tax cycle under these laws in 2025.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

XRP Shows Buy Signal Amidst 6% Recovery Rally

Next Post

Classover Secures $500M Funding for Solana Treasury

Solomon M.

Solomon M.

Related Posts

Gemini Submits S-1 for a Confidential US IPO

by Solomon M.
June 6, 2025

Gemini files confidential S-1 with SEC for an IPO, following Circle's NYSE debut.

Elon Musk’s X Partners with Polymarket on Prediction Platform

by Solomon M.
June 6, 2025

Elon Musk's X collaborates with Polymarket, integrating prediction markets and AI analytics for enhanced insights.

Elon Musk’s X Partners with Polymarket Platform

by Adriana M.
June 6, 2025

Elon Musk's X teams up with prediction platform Polymarket for cutting-edge market insights.

Apple, Google, X, Airbnb Exploring Stablecoin Payments

by Solomon M.
June 6, 2025

Apple, Google, X, and Airbnb consider stablecoin payments integration, driving crypto market interest.

Binance’s Tigran Gambaryan Departs After Detention in Nigeria

by Adriana M.
June 6, 2025

Tigran Gambaryan leaves Binance, impacting financial compliance leadership amid evolving regulatory environment.

ARK Invest Acquires $373M Circle Shares on IPO Debut

by Solomon M.
June 6, 2025

ARK Invest purchases $373 million in Circle shares during its NYSE IPO.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.