Website: https://www.ato.gov.au

Rank: 628 / 1275

3 selected articles

Tax treatment of crypto-currencies in Australia ...

Tax treatment of crypto-currencies in Australia - specifically bitcoin

This guidance paper provides an overview of the tax treatment for transactions associated with crypto currencies, specifically bitcoin. This guidance also applies to other crypto or digital currencies that have the same characteristics as bitcoin.

The guidance in this paper is general in nature only. Statements about...

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ATO delivers guidance on Bitcoin | Australian Taxation Office

ATO delivers guidance on Bitcoin

20 August 2014

The ATO today delivered guidance on the taxation treatment of Bitcoin and other crypto-currencies in time for people to complete their 2013-14 income tax returns.

"The guidance paper and draft tax rulings issued today provide certainty for the Australian community on the ATO's treatment of crypto-currencies within the current legislative framework,"...

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Related topics : use bitcoin to buy / use bitcoin online / bitcoins what are they used for / what are bitcoin used for / use bitcoin

GST and digital currency | Australian Taxation Office

From 1 July 2017, sales and purchases of digital currency are not subject to GST. This means...

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Related topics : digital currency