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Australian Government Portal Publishes Bitcoin Business Guidelines

Tuesday 26th, August 2014 / 20:32
Australian Government Portal Publishes Bitcoin Business Guidelines

The Australian government’s online business information portal has published a “Bitcoin for business” page to advise operators of their tax and other regulatory obligations.

As well as a basic explanation of what bitcoin is and how it works, the page also features sections on accepting bitcoins, tax implications, risks, and paying employee salaries with digital currency.

With headings like “What are digital currencies and crypto-currencies?”, “How do I accept Bitcoin in my business?” and “Should I accept Bitcoin payments?” and links to more detailed information, the page is intended for newcomers as well as seasoned digital currency users.

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THE BITCOIN MAGAZINE MISSION Bitcoin Magazine is on a mission to be the most accurate and up-to-date source of information, news and commentary about Bitcoin and crypto-currencies. The magazine reaches hundreds of thousands of readers every month by covering current events in business, technology, politics, law and society with a wide variety of viewpoints and opinions from authors and guests in an attempt to provide enlightening commentary that is accessible to new Bitcoin users as well as news and insights the veteran users will find valuable. We desire to work with the Bitcoin community to help support and grow this tremendous technological and financial innovation that empowers each one of us to manage our own economic relations with greater control.

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