BREAKING: 🇦🇺 Australian judge rules that Bitcoin is a form of money, which could make it exempt from capital gains tax – AFR
Discussion
well that good news, at least someone that’s using his brains and dares to speak up
It’s that f&$kin’ title that causes all the problems. There are no bitcoin “profits” unless you are trading it in and out of fiat in which case you should be paying tax on it as income. But if I’m saving in it and only withdrawing for products and services there is no profit.
Don’t hold your breath