Understanding Basics Of Cryptocurrency Taxation In Australia

Be the First to Comment Read

Understanding Basics Of Cryptocurrency Taxation In Australia

Calculating tax liability on cryptocurrency transactions is easy given you are aware of basic rules. The taxation office mandates that tax liability accrues at the time of a transaction, regardless of whether the crypto later loses value. For the purposes of recording and reporting transactions and tax implications, NFTs are considered on a par with cryptos. 

Disclaimer

Speak your Mind

Ad
kalkine logo

GET A FREE STOCK REPORT

Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK