Australia’s Bold Move: Taxing Bitcoin and Stocks on Unrealized Gains

Australia is nearly ready to pass a tax on unrealized capital gains. If the proposal is approved, scheduled for July 1, it will apply to individuals with investments exceeding AUD 3 million ($2 million). Stocks as well as digital assets such as Bitcoin will be taxed during the 2025-2026 period as part of this plan. […] The post Australia’s Bold Move: Taxing Bitcoin and Stocks on Unrealized Gains appeared first on Coin Edition.