Australia is weighing a capital gains tax overhaul that would scrap the long‑standing 50% discount on assets held more than a year and replace it with an inflation‑indexed system, a shift that could materially raise tax bills for crypto and stock investors if it takes effect from the 2027–28 tax year.
Summary
- Australia is weighing scrapping its 50% long‑term CGT discount and replacing it with inflation indexation, a move that could sharply raise tax bills for crypto and stock HODLers.
- Three short bullet points (≤190 chars each)
- Australia may scrap its 50% CGT discount on assets held over a year and instead uplift the cost base by inflation, taxing the full “real”…
