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![belizardd Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1485245285924282369.png) defizard [@belizardd](/creator/twitter/belizardd) on x 61.1K followers
Created: 2025-07-16 09:00:48 UTC

IV. Australia

- Crypto is viewed as property and subject to Capital Gains Tax or Income Tax
- Disposals of crypto like selling, swapping, spending, or gifting crypto are subject to Capital Gains Tax
- Earning crypto, such as staking rewards, is subject to Income Tax
- Buying crypto with $AUD, holding crypto, and transferring crypto is tax free
- You'll pay up to XX% tax on short-term gains and income from crypto
- Long-term gains from crypto receive a XX% Capital Gains Tax discount
- Individual investors may use FIFO, HIFO, or LIFO cost basis methods

![](https://pbs.twimg.com/media/Gv96gaBbIAA9W0J.jpg)

XXX engagements

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**Related Topics**
[australian dollar](/topic/australian-dollar)
[$aud](/topic/$aud)
[staking](/topic/staking)
[gifting](/topic/gifting)
[capital gains](/topic/capital-gains)
[tax bracket](/topic/tax-bracket)
[australia](/topic/australia)

[Post Link](https://x.com/belizardd/status/1945408263249686703)