Should you leave Australia to avoid paying 47% tax on crypto gains?
Summary
Certain Australian cryptocurrency investors are relocating abroad to escape a steep capital gains tax hike taking effect in mid-2027. However, taxpayers can also explore alternative, less extreme methods to reduce their overall tax burden without leaving the country.
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.
Source: Read the full story at Cointelegraph.com News
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