I recently presented at the Chartered Accountants Australia New Zealand (CAANZ) tax conference in Christchurch about cryptocurrency tax. The presentation included disposal and acquisition concepts of cryptocurrency DEFI tax which are outlined in this article. Some cryptocurrency investors will not…
Month: December 2022
Claiming Tax Losses From Cryptocurrency
Due to the market collapse in 2023, currently, we expect many clients will have losses from cryptocurrency. This may be compounded further because of the bankruptcy of FTX, Celsius, and BlockFi and not to mention TERA and LUNA situation. What…