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This would work like the following take the total value of your holdings as of a particular date and pay say 1 of it as tax. By making your capital asset portfolio work for you without subjecting sales or transfers to capital gains tax provisions you can realize greater retention of your capital gains. 1po5dhxu6mp6cm Theyll consider all the options and help you prevent or reduce the amount you are liable to pay including whether you are eligible to claim that the property. How to avoid capital gains tax on cryptocurrency australia . Capital losses can be used to reduce capital gains made in the same financial year or a future year including investments outside of cryptocurrency. Of course tax advice is helpful along the way so it is best to wait until you talk to your advisor before making any changes with your investment property or. The term cryptocurrency is generally used to describe a digital asset in which encryption techniques are used to regulate the generation of additiona