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Should you leave Australia to avoid paying 47% tax on crypto gains?

CO
Cointelegraph
By Cointelegraph by Andrew Fenton
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Should you leave Australia to avoid paying 47% tax on crypto gains?
Photo / Coverage: CointelegraphCredit: Cointelegraph by Andrew Fenton
EXECUTIVE SUMMARY

Some Australian crypto investors are moving overseas to avoid the huge CGT increase from July 2027. But there are also less drastic ways you can pay less tax.

Key Takeaways

  • Should you leave Australia to avoid paying 47% tax on crypto gains?.
  • Some Australian crypto investors are moving overseas to avoid the huge CGT increase from July 2027.
  • But there are also less drastic ways you can pay less tax.

Some Australian crypto investors are moving overseas to avoid the huge CGT increase from July 2027. But there are also less drastic ways you can pay less tax.

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