Federal budget 2017/18: Digital currencies treatment

 Treatment of digital currency like Bitcoin aligned with money

From 1 July 2017, digital money like Bitcoin will no longer be treated as intangible property for GST purposes. This measure will ensure purchases of digital currency are no longer subject to the GST.

By | 2017-06-28T20:08:24+00:00 June 27th, 2017|Digital currency, Federal budget 2017/2018, Taxes|0 Comments
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