http://www.zdnet.com/bitcoin-is-barter-for-individuals-taxable-for-business-ato-7000032771/The Australian Taxation Office (ATO) released its guidance on the taxation treatment of Bitcoin and other crypto-currencies today, timed to coincide with the lodgement of Australians' 2013-2014 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," said senior assistant commissioner Michael Hardy.
