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Australia and Cryptocurrencies Taxation
Find out the current regulations and tax guidelines for crypto asset taxation across Australia.
Are Cryptocurrencies legal in Australia?
Yes, Australia allows the use of digital currencies such as bitcoin. The Australian goverment is prioritizing crypto regulations.
What are cryptocurrencies considered as in Australia?
The Australian Tax Office treats crypto as a Commodity or Investment Asset.
How are crypto currencies taxed in Australia?
Cryptocurrencies such as Bitcoin are taxed as an investment or commodity in Australia and are subject to the Capital Gains tax.
Methodology used for crypto tax in Australia?
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Find out the current regulations and tax guidelines for crypto asset taxation across Australia.
Country:
Australia
States:
New South Wales, Queensland, South Australia, Tasmania, Victoria, Western Australia
Major Cities:
Sydney, Melbourne, Brisbane, Perth, Adelaide, Newcastle, Canberra
