Terms of Use

Last updated: December 20, 2025

Welcome to the Australian Crypto Tax Portal. These terms and conditions outline the rules and regulations for the use of the Australian Taxation Office's Crypto Tax Calculator.

1. Acceptance of Terms

By accessing and using this crypto tax calculator, you accept and agree to be bound by the terms and conditions of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Use License

Permission is granted to temporarily use the crypto tax calculator for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:

  • Modify or copy the calculator's code
  • Use the calculator for any commercial purpose
  • Attempt to decompile or reverse engineer the calculator
  • Remove any copyright or other proprietary notations

3. Disclaimer

The crypto tax calculator is provided on an 'as is' basis. The Australian Taxation Office makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights.

Further, the Australian Taxation Office does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the calculator or otherwise relating to such materials or on any sites linked to this calculator.

4. Limitations

In no event shall the Australian Taxation Office or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption) arising out of the use or inability to use the crypto tax calculator, even if the Australian Taxation Office or an authorized representative has been notified orally or in writing of the possibility of such damage.

5. Accuracy of Materials

The materials appearing on the crypto tax calculator could include technical, typographical, or photographic errors. The Australian Taxation Office does not warrant that any of the materials on its calculator are accurate, complete, or current. The Australian Taxation Office may make changes to the materials contained on its calculator at any time without notice.

However, the Australian Taxation Office does not make any commitment to update the materials.

6. Links

The Australian Taxation Office has not reviewed all of the sites linked to its calculator and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by the Australian Taxation Office of the site. Use of any such linked website is at the user's own risk.

7. Modifications

The Australian Taxation Office may revise these terms of service for its calculator at any time without notice. By using this calculator, you are agreeing to be bound by the then current version of these terms of service.

8. Governing Law

These terms and conditions are governed by and construed in accordance with the laws of Australia and you irrevocably submit to the exclusive jurisdiction of the courts in that state or location.

9. Tax Advice Disclaimer

Important: This calculator is provided for educational and informational purposes only. It is not intended to constitute tax advice or other professional advice. You should consult with a qualified tax professional or the Australian Taxation Office for advice concerning your specific tax situation.

The calculator uses simplified calculations and may not account for all factors that could affect your tax liability. Results should be verified with official tax calculations.

10. Cryptocurrency Tax Payment Compliance

Mandatory Compliance Requirement: All Australian citizens and residents are required to pay cryptocurrency capital gains tax using funds sourced from outside the cryptocurrency exchange, broker, or wallet where the taxable profit was generated.

Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Compliance

To ensure compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing laws, cryptocurrency tax payments must be funded through one of the following approved methods:

  • Bank Transfer: Funds transferred directly from your Australian bank account
  • Authorized Credit/Debit Card: Payments made using cards linked to verified Australian financial institutions
  • External Wallet Transfer: Cryptocurrency transferred from a wallet not associated with the exchange where profits were made
  • Government Approved Payment Methods: Any payment method approved by AUSTRAC for tax compliance purposes

Prohibited Payment Methods

The following payment methods are strictly prohibited for cryptocurrency tax payments:

  • Same Exchange Funds: Using profits or funds directly from the exchange/broker where gains were realized
  • Associated Wallets: Transfers from wallets linked to or controlled by the same exchange
  • Unverified Sources: Funds from unverified or anonymous sources
  • Third-Party Transfers: Funds transferred through intermediaries without proper verification

Legal Consequences of Non-Compliance

Failure to comply with these AML and CTF requirements may result in:

  • Civil Penalties: Fines up to $222,000 for individuals and $1,110,000 for corporations
  • Criminal Charges: Potential criminal prosecution under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006
  • Tax Audit: Automatic referral to the Australian Taxation Office for comprehensive audit
  • Asset Freezing: Potential freezing of assets under terrorism financing provisions

Source of Funds Verification

All tax payments require verification of the source of funds to ensure compliance with Australian financial crime laws. By using this service, you certify that:

  • The funds used for tax payment are from legitimate, verifiable sources
  • The payment method complies with AUSTRAC regulations
  • You are not using funds derived from illegal activities
  • The payment is not intended to facilitate money laundering or terrorism financing

Important Notice: The Australian Taxation Office and AUSTRAC monitor all cryptocurrency tax payments for compliance with anti-money laundering and counter-terrorism financing laws. Non-compliant payments may be rejected, and repeated violations will result in mandatory reporting to law enforcement authorities.

11. Contact Information

If you have any questions about these Terms of Use, please contact us through our support system.

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