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Crypto currency is one of the emerging topics in tax area.
There are a lot of areas which needs to be considered while preparing a tax return.
Is there any swapping being done with other tokens ?
Is there any stacking ?
Are there are any NFT’s ?
What would be the outcome of the crypto trading ?
Is it ordinary income or Capital gain depends on how the transaction was done ?
Our team can help to unpack all that for you.
Currently there is no firm guidance from Australian Taxation office on stacking, wrapping.
In order to avoid any surprises, our team can help you with your crypto tax return.
Visit our Koinly Page to see how we simplify your crypto accounting.
