Svmuu News: Australia will reform its capital gains tax system, eliminating the 50% capital gains tax discount for assets held for more than 12 months effective July 1, 2027. This change applies to asset classes such as stocks, real estate, and cryptocurrency. The new rules will introduce cost basis indexation—adjusting the purchase price for inflation—and establish a minimum capital gains tax rate of 30%. Gains realized before July 1, 2027, will be subject to the old rules, while those realized after that date will be subject to the new rules. Tax experts advise cryptocurrency holders to organize their records and consult with tax advisors to assess whether selling assets before the deadline would yield a more favorable after-tax outcome.