Australia imposes capital gains tax on DeFi, wrapped tokens
Australia has updated its tax guidance to include any interaction with decentralized lending platforms, liquidity pools and providers, and wrapped tokens.
Australia has updated its tax guidance to include any interaction with decentralized lending platforms, liquidity pools and providers, and wrapped tokens.
Taxpayers can be subject to a lesser 14% rate if they declare the value of their digital assets as of January 1, 2023, to authorities.