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Tax & Regulation

Is mining income taxed differently from buying crypto?

EventMiningDCA Buying
Acquiring coinsIncome Tax on value at receiptNo tax on purchase
Equipment cost100% AIA deduction (if trade)No deduction
Electricity costDeductible expenseNo deduction
Selling coinsCGT on gain above receipt valueCGT on gain above purchase price
🎯 Bear market advantage: Mining during bear markets means near-zero income tax at receipt, but you still get AIA and expense deductions.

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