$ETH | NFT tax talk covers buyers. Creators get a messier two step event. A royalty is ordinary income at its AUD value the moment it lands, not when you cash out. Receive AUD 600 in royalties, sell that ETH later for AUD 750, and you owe tax on the AUD 600 plus a separate AUD 150 gain on the ETH itself. On the desk I have seen creators book the first event and miss the second. SatoshiMacro's NFT guide treats minting cost as deductible for creators but as cost base for collectors, a split most explainers skip. A burned NFT with an AUD 800 cost base still books an AUD 800 loss under ITAA 1997. My read: creators carry the real reporting risk, not collectors. General information, not tax advice.

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