Your staking rewards are being taxed twice.
About this episode
This episode discusses the double taxation of staking rewards and the implications of ATO regulations.
Your staking rewards are being taxed twice. When you receive staking rewards (ADA, ETH, SOL, etc.), the ATO treats them as ordinary income at the point you receive them. Then, when you later sell or dispose of those assets, you pay capital gains tax on the profit. In this episode, we break down exactly how the ATO views staking rewards, airdrops, and DeFi transactions, why many people are only reporting half the story, and what the new 2027 CGT rules will change. We also cover: - How the ATO’s data matching program works - Why airdrops have zero cost basis - Why wrapping assets in DeFi counts as a disposal - What you need to start tracking now This is educational content only — not financial or tax advice. Always consult a qualified accountant for your personal situation. 0:00 Intro & Hook 1:50 Staking Rewards Taxed When Received 4:30 CGT When You Later Sell 7:15 ATO Data Matching Program 10:10 Airdrops & Zero Cost Basis 11:40 Key Takeaways & Wrap Up References: ATO Guidance on Staking Rewards and Airdrops: - https://link.learncardano.io/FqFj1t How to work out CGT of Crypto: - https://link.learncardano.io/E5WvMt - https://link.learncardano.io/AIorOi Crypto Data…
More episodes of Learn Cardano Podcast
- 515M NIGHT Moved: What We Know About the Wanchain Bridge Incident
- Cardano Has the Tech. So Why Is Everyone Else Winning Deals?
- My Cardano Wallet Was Hit by the SecondFi Incident
- Australia's Block Earner Ruling: Is Crypto Yield Now Illegal?
- Cardano's 120M ADA DeFi Bet, Ethereum UTXO Shift and EMURGO Exit
- SecondFi (Yoroi) Is Shutting Down — Official EMURGO Update
Explore listener stats, chart rankings, contacts and more on the Learn Cardano Podcast podcast page.