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Author Topic: GST and Tax issues for Bitcoins in Australia  (Read 2570 times)
l0nglive
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December 05, 2013, 01:23:27 AM
 #21

I think only capital tax is concerned because bitcoin is just a commodity, an asset. What document should we keep for tax filing then?

Another question, Why do Bitcoin exchange business in Australia do not go global? is there anything that stops them?

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December 20, 2013, 12:51:41 AM
 #22

I think only capital tax is concerned because bitcoin is just a commodity, an asset. What document should we keep for tax filing then?

Another question, Why do Bitcoin exchange business in Australia do not go global? is there anything that stops them?



Probably too expensive re: commissions and insufficient trade depth due to smaller population.
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