[Cryptography] Bitcoins are not currency - Australian Taxation Office

Dave Horsfall dave at horsfall.org
Wed Aug 20 20:08:17 EDT 2014


This could get interesting.  The Australian Taxation Office (hallowed be 
their name) has ruled that Bitcoins are not currency, but assets, and that 
GST is payable.

http://www.smh.com.au/technology/technology-news/australian-tax-office-decides-bitcoins-are-assets-not-currency-20140820-1063gq.html

-- Dave


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