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News
13
May
2026
Australia Set to Scrap 50% Capital Gains Tax Discount in Budget Overhaul
Australia is preparing to replace its long-standing 50% capital gains tax discount with an inflation-indexed system, a reform that would significantly increase the tax burden on long-term investors including cryptocurrency holders. Treasurer Jim Chalmers is outlined the full proposal in the federal budget announcement on Tuesday, 12 May 2026.
5/13/2026
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