The Australian government has finally decided to drop the goods and services tax (GST) on digital currency purchases, including Bitcoin.
According to our recent report, the Australian government expressed its concerns about the double taxation of Bitcoin and responded that it’s going to solve the problem. The national budget for 2017-18 says that starting from July 1, 2017, purchases of digital currency will no longer be subject to the GST.
You can read the full article and take part in the discussion here: https://coinidol.com/australia-drops-double-taxation-on-bitcoin/
According to our recent report, the Australian government expressed its concerns about the double taxation of Bitcoin and responded that it’s going to solve the problem. The national budget for 2017-18 says that starting from July 1, 2017, purchases of digital currency will no longer be subject to the GST.
You can read the full article and take part in the discussion here: https://coinidol.com/australia-drops-double-taxation-on-bitcoin/
