Donald Trump's 2025 federal financial disclosure reports more than $1.4 billion in crypto-related income and proceeds, with a broader Reuters investigation estimating at least $2.3 billion in Trump family crypto profits from mid-2024 through April 2026. The $1.4 billion figure combines entity-level royalties, token distributions, and other crypto yields but does not represent personal net income after expenses and taxes.
Australia's tax office issued a ruling treating certain cross-border software payments by tech giants as royalties subject to Australian withholding tax, potentially collecting hundreds of millions in additional revenue. The US Treasury and trade groups object, arguing this departs from international tax norms and risks double taxation, while the ATO contends its approach has merit in addressing profit shifting by multinationals like Apple, Google, Microsoft and Amazon.