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Watch out, the ATO knows about your crypto investments

Watch out, the ATO knows about your crypto investments

The tax office knows if you have cryptocurrencies. Here’s how you’ll be taxed on your dogecoin if you actually make a capital gain this financial year.

Lucy DeanWealth reporter

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ore than 1 million Australians own cryptocurrency, and this tax season the Australian Taxation Office has them in its sights.

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Lucy Dean
Lucy DeanWealth reporterLucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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Original URL: https://www.afr.com/markets/currencies/does-the-ato-know-about-my-crypto-investments-20220622-p5avpq