🦊 Expat Tax Tip #14 – Crypto Isn’t Invisible to Tax Offices

## Expat Crypto Tax Rules by Country

Many expats assume crypto is invisible. In reality, expat crypto tax rules mean ATO, CRA, and IRS all require reporting. — even if the coins never touch your home bank account.

• Australia (ATO):Treats crypto as property, not currency. Every disposal (sell, swap, spend) may trigger capital gains tax. ATO crypto guidance
• Canada (CRA): Crypto is a commodity. Gains are taxable, mining is business income, and disclosure on Form T1135 may apply if held overseas. CRA crypto guidance
• U.S. (IRS): Crypto must be reported on Form 1040 (“Yes/No” question). Disposals go on Form 8949/Schedule D. IRS digital assets guidance

📘 For practical strategies on handling international reporting, start with my Free Expat Tax Guide.

👉 Tip: Even if you think “they’ll never know,” tax offices now share exchange data. Assume transparency.

🔗 Please refer to this page to see all my other expat tax tips.