Australia Ends 50% Crypto Tax Break With Major 2027 Reform
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Australia will end the 50% capital gains tax (CGT) discount for crypto, shares and property from July 1, 2027 under the Treasury Laws Amendment (Tax Reform No. 1) Act 2026, replacing it with cost-base indexation and a 30% minimum CGT rate. The change increases tax burdens and recordkeeping requirements for crypto investors, raising compliance risk and likely dampening investment and adoption in the crypto market.
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- Australia will end the 50% CGT discount for crypto and other assets from July 1 2027.
- Cost-base indexation and a 30% minimum CGT rate will replace the current discount.
- Investors will need detailed records to separate gains before and after July 1 2027.
Australia’s capital gains tax framework is set for a major transition after lawmakers approved new legislation that will end the long-standing 50% capital gains tax (CGT) discount from July 1, 2027.
The reform, introduced through the Treasury Laws Amendment (Tax Reform No. 1) Act 2026, changes how gains from long-term investments, including cryptocurrencies, shares, and real estate, will be calculated.
While gains earned before the deadline will continue to qualify under the current rules, transactions completed from July 1, 2027, onward will fall under a new tax structure that replaces the existing discount wit…
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