Australia imposes a goods and services tax (GST) on any fees when you buy, sell, or engage in crypto-to-crypto transactions (convert). Coinbase will pay the GST to the Australia Tax Office (ATO).
The GST amount will be shared with you in your transaction information.
There are a few ways GST can be applied to you:
Buy crypto with AUD
10% of the fee of the buy transaction
Sell crypto for AUD
10% of the fee of the sell transaction
10% of the fee