Crypto and Foreign ETF

 Author: Fabioe93(Enthusiast)Enthusiast

16 July 2022

Hello,

In the last financial year, I had three different foreign ETFs listed on the London Stock Exchange and I sold all of them before 30 June 2022.

I already calculated the distribution amount and the Capital Gain/Loss for each of these

• Now the first question is where should I insert the distribution details of the three ETFs in the tax return? I'm unsure between Managed fund distributions (including where the distribution has capital gains and foreign income) and Other foreign income. At the moment I inserted the three distributions under You had foreign income>Other foreign income

• The Gain/Loss I made from disposing of these three foreign ETFs has been added under the Capital Gain Tax sections with the other Australian Capital Gain/Loss is that right?

• Also when you insert the details of the Capital Gain Tax Schedule> Net Capital Gain, it is okay to insert Crypto, NFT, Foreign ETFs Capital Gain/Loss under the section Other Assets?

• In regards to Crypto, for example, if in the last financial year you had 1000A$ staked in one crypto and you received 10A$ a month as staking rewards that are automatically staked into the fund once received. At the end of the financial year you received 120A$ as a staking reward that is still invested today into the fund but you have to pay taxes on this 120A$. Now the question is in which sections this 120A$ should be inserted in the tax return?

Thanks for the help.

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