Sydney Morning Herald
International · 5 hrs ago
✦ 75◉ Centre
The tax reform coming for Birkin bags, fancy watches and crypto
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Accuracy 75/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Australia's upcoming budget will include changes to capital gains tax that will affect luxury assets like Birkin bags, watches, and cryptocurrency, beyond the typical focus on property and shares.
The tax reform coming for Birkin bags, fancy watches and crypto
Tuesday’s budget will change the capital gains tax. While most people are focused on property and shares, the tax applies to more exotic assets.
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