Australia has confirmed that it will implement the OECD’s Crypto-Asset Reporting Framework (CARF) and a related domestic crypto tax reporting regime, as announced in the Mid-Year Economic and Fiscal Outlook (MYEFO) 2025-26, released 17 December 2025.
Under the MYEFO measure, the Government will implement CARF for the automatic exchange of tax-relevant information on crypto assets, commencing in 2027, with the first exchange of information with foreign tax authorities in 2028. In parallel, t…