
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.