- Date of transaction
- Value of the purchase in AUD
- What the transaction was for and who the other party was (even if it’s just their cryptocurrency address).
If you acquire cryptocurrency as an investment, you will not be entitled to the personal use asset exemption. However, if you held the cryptocurrency for 12 months or more, you may be entitled to the CGT discount.
One of the hardest issues the ATO is currently facing are intra cryptocurrency transactions. This means you use one crypto currency to purchase another. Essentially, one may exchange a CGT asset for another CGT asset.