https://www.ato.gov.au/general/gen/tax-treatment-of-crypto-currencies-in-australia---specifically-bitcoin/?anchor=Transactingwithcryptocurrency#Lossortheftofcryptocurrency
Thought this was interesting: if you can prove loss of a private key, you can claim a capital loss on your tax return.
A capital loss is not quite the same as a tax deduction, but it does mean that you can use that loss to offset other capital gains.
Proving a complete loss of your private keys could be an interesting exercise, particularly if the situation is not a slam dunk (like a HD crash with no backup.)
Topic: Australian Tax Office allows you to claim for lost (incl. stolen) private keys - page 2. (Read 283 times)
August 05, 2019, 12:55:48 PM
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