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Bitcoin to cop GST: ATO – The Australian

Wednesday 20th, August 2014 / 02:32
Bitcoin to cop GST: ATO – The Australian

The Australian Financial Review

Bitcoin to cop GST: ATO
The Australian
According to the ATO guidelines, businesses will need to record the value of bitcoin transactions as a part of their ordinary income and must charge GST when they supply bitcoin and may be subject to GST when receiving bitcoin in return for goods and …
Bitcoin: Australia’s tax office announces it will not treat popular digital ABC Online
Australian Bitcoin Industry Reacts to Tax ProposalsCoinDesk
GST to apply to bitcoin transactions: Tax OfficeThe Australian Financial Review
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