Cryptocurrency and Digital Assets – Key Taxation Considerations
Overview
Understanding the taxation of cryptocurrency is becoming increasing important as the cryptocurrency market develops and achieves mainstream acceptance.
The market capitalisation of the cryptocurrency and digital asset market is currently around US$2 trillion. It is estimated that more than 2 million Australians have exposure to cryptocurrencies. Interest from institutional investors is also growing. Against the backdrop of this burgeoning interest in cryptocurrencies, governments around the world are increasingly focussed on the regulation of cryptocurrencies. However, guidance on the taxation of cryptocurrencies remains limited.
This webinar will provide an overview of key Australian taxation considerations in relation to transactions involving cryptocurrency.
The main issues will be illustrated through a series of case studies including:
• investment by individuals,
• use of cryptocurrencies by businesses,
• token offerings,
• decentralised finance and
• cryptocurrencies as an emerging asset class for managed funds.
Learning Outcomes:
This session will provide an overview of the key Australian taxation issues relevant to transactions involving cryptocurrency.
Suited to:
Anyone who invests or transacts in cryptocurrency or who has clients that do so.
This On Demand includes:
- a recording of the webinar Event which can be viewed multiple times
- a PDF of the presenter’s PowerPoint
- a verbatim Transcript
- any supporting documentation
- a CPD Certificate after successful completion of the Knowledge Quiz
Course syllabus
3 lessons
- Video – Cryptocurrency and Digital Assets – Key Taxation ConsiderationsVideo
- FeedbackSurvey
- Knowledge QuizTest
Your presenter
Julian ChengGilbert + Tobin
is a partner in Gilbert + Tobin’s tax practice with over 20 years’ experience in providing tax advisory services. He has extensive experience in advising on mergers and acquisitions, corporate restructures, cross border investments and financing, and structuring for managed funds. He also advises individuals and family groups on a range of taxation matters including extraction of value from those groups, tax effective structures for investment and business, and Australian Taxation Office reviews and disputes.
Julian’s previous roles included 9 years as a tax partner with a Big 4 chartered accounting firm including 2 years as head of the firm’s Australian tax desk in New York providing Australian tax assistance and advice to US corporate groups and funds.