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August 29, 2014, 11:54:19 AM
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Bitcoin might become money, says Tax Office

Tax commissioner Chris Jordan has said Bitcoins are not money under the Tax Act but if transactions continue to grow in popularity, in future there may need to be a change to the legal ­definition.

http://www.brw.com.au/p/business/bitcoin_might_become_money_says_PWgFfk3KR80TEaWuRLQ52I
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