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CARF Australia: What The New Crypto Tax Reporting Rules Mean For Crypto Businesses

Australia’s crypto tax reporting regime is moving quickly. Treasury has released draft legislation to implement the OECD’s Crypto-Asset Reporting Framework (CARF), introduce a separate domestic reporting regime and expand the Common Reporting Standard (CRS). Consultation closes on 28 October 2026, leaving businesses only a short window to assess the draft and respond.

Authors:

Steven Pettigrove, Partner spettigrove@piperalderman.com.au

Katrina Sharman, Executive Counsel ksharman@piperalderman.com.au

Luke Higgins, Senior Associate lhiggins@piperalderman.com.au