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Latest: Australia Crypto Tax Guide 2023In Australia, cryptocurrency is subject to capital gains and ordinary income tax. Capital gains tax: When you dispose of cryptocurrency, you'll incur capital. In Australia, crypto is subject to capital gains and ordinary income tax. For more information, check out our ultimate guide to how cryptocurrency is taxed in. Capital gains tax (CGT) treatment of decentralised finance (DeFi) and wrapping crypto tokens. Keeping crypto records.