CryptoBearishcrypto.news · May 117/10
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Australia’s capital gains rethink puts crypto HODLers in the crosshairs
Australia is considering a significant overhaul of its capital gains tax system that would eliminate the current 50% discount for assets held over one year and replace it with an inflation-indexed approach. This change would substantially increase tax liabilities for cryptocurrency holders and other long-term investors, fundamentally altering the tax treatment that has encouraged buy-and-hold strategies.
