The article examines ways Australians might reduce crypto tax bills ahead of a reported July 2027 change that it says would raise the top tax rate on real, long-term gains to 47%. It says moving to a country with no capital gains tax could lower future bills, but Australians leaving may face an exit tax and would need to cut ties to establish that they have left.
Trading through a company could mean paying a 25% company tax rate on sales, though the article says the rate may be 30% if trading is insufficient. Owners may also owe more tax when they take money out, and the costs of running a company may outweigh the benefit for someone who only holds Bitcoin. The article says replacing the 50% capital gains tax discount with inflation-based indexation does not by itself make switching from crypto to other investments a tax saving.