Capital gains- eToro

Question

 · Accepted Answer

JodieR_ATO · Answer

If you're a trader as opposed to an investor, you'd regard your crypto' as stock, and would report your income and deductions at the business income section. If you're an investor with crypto', you may have to report mining/staking or similar activities as income whilst holding the crytpo'. You'd also need to report a capital gains tax event when you sell/dispose/ transfer or use the crytpo' to buy something or pay for something. We've answered a similar post on our forum, you can view our response here.

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