Removal of double tax on cryptocurrencies said to support Australia’s own Silicon Valley
By James Harkness · 23 October 2017 · Locked
By James Harkness · 23 October 2017 · Locked
A game-changing tax reform has been passed by the Australian Parliament, paving the way for the country's fintech industry to boom. But what does this mean for consumers and businesses, and how will it shape the future of cryptocurrency in Australia?
Legislation to remove double taxation on digital currencies, such as Bitcoin, has been passed by Australian Parliament, with fintech industry leaders describing the news as a win for consumers and businesses. The Treasury Laws Amendment (2017 Measures No. 6) Bill 2017 was tabled in Parliament, last month, by Treasurer Scott Morrison. He said the reform, which will […]
Tags: Agridgital, bitcoin, blockchain, Blockchain Global, cryptocurrencies, cryptocurrency, digital currency, FinTech