Australian Tax Agency Seeks Public Input Concerning Cryptocurrency Taxes (news.bitcoin.com)

The Australian Taxation Office (ATO) has been researching how to formulate regulatory guidelines for taxing cryptocurrencies recently. This week the ATO is seeking input from Australian residents concerning how the country should tax digital assets.
Also read: South Korean Exchange Paying Users to Report Illegal Crypto Schemes

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PSA: The amount of delusion in this subreddit is concerning. Don’t forget that Bitcoin is still an extremely risky and speculative investment. Do not invest more than you can afford to lose.

Like it or not you are basically gambling when you invest in Bitcoin. Not because it's a 'bubble' or because it is or isn't awesome but because the price has a huge amount of speculation built in to it. Don't be deluded in to thinking you will definitely get a return.

submitted by /u/Ewics
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