Crypto bought with overseas bank card

Question

 · Accepted Answer

AriATO · Answer

The tax you're referring to for Cryptocurrency is Capital gains tax or CGT. As a temporary resident CGT will only apply to you if you disposed of assets that are taxable Australian property. The link provided to you earlier tells you what is within that category and this doesn't include cryptocurrency. Therefore, you don't need to declare any gains and pay taxes when you dispose of Cryptocurrency. Ari

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