Australia releases draft bill to adopt OECD crypto tax reporting framework
Australia is among 77 jurisdictions committed to adopting CARF, with its first international exchanges of crypto tax data expected in 2028.
Australia has released a draft bill, the Treasury Laws Amendment Bill 2026: Tax information reporting, to adopt the OECD Crypto-Asset Reporting Framework (CARF). This move aligns Australia with 77 other jurisdictions committed to implementing the framework, with the first international exchanges of crypto tax data expected in 2028.
The draft bill, which is open for public comment until Oct. 28, aims to establish a framework to implement CARF in Australian law and introduce a domestic crypto reporting regime. The government announced its plans to implement CARF and a domestic crypto reporting regime in its 2025–26 Mid-Year Economic and Fiscal Outlook, with international exchanges of crypto tax information set to begin in 2028.
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