CGT and Crypto Currency

Question

 · Accepted Answer

Bruce4Tax · Answer

. If for example you invest $4,000 and you make a profit of $10,000 the capital gain would be $6,000. Only if you sell for 10 K . If you were to take out the initial $4,000 you invested before the 12 months is up Then that is a CGT disposal of of 40% of units purchased for $4000 CG = 4000 - (4000 x 40% ) = 2400

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