Trusts have long been considered the best corporate structure for protecting assets.
With the surge in crypto prices and volume of investment coming into the space, many investors are looking to ensure their assets are protected in a trust. Crypto Accounts are experts in advising on and establishing trusts and can ensure your crypto investments are in the best structure for both asset protection and tax purposes.
Crypto Accounts can assist with management of the trust, from recording transactions, reporting on asset positions and portfolio growth, preparing end of year financial statements and providing tax planning, advice and compliance services.
Bitcoin investors guide to bitcoin and australian tax
Investing in Bitcoin? Sitting on potential profits and want to understand the tax consequences of selling?
This guide looks at how the ATO defines and treats Bitcoin and the subsequent tax implications.