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The evolving tax treatment of cryptocurrencies / by Nathan De Zilva

By: De Zilva, Nathan.
Series: Taxation in Australia.Publisher: Australia, The Tax Institute Edition: 52 (7), February 2018.Description: 372-374, 3 pages.Subject(s): Taxation | Tax administration | Cryptocurrencies | AustraliaOnline resources: Download from Online Journals Summary: Examines some of the challenges in applying the current Australian taxation system to cryptocurrencies. Suggests that the Australian Taxation Office may want to reconsider the view that bitcoin is not a "foreign currency" for the purposes of Div 775 of ITAA 1997 (Cth).
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Examines some of the challenges in applying the current Australian taxation system to cryptocurrencies. Suggests that the Australian Taxation Office may want to reconsider the view that bitcoin is not a "foreign currency" for the purposes of Div 775 of ITAA 1997 (Cth).

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