ATO "Personal Use" Crypto Tax Exemption
The Australian Tax Office published excellent guidelines on the use of cryptocurrencies in its jurisdiction. Notably, a "personal use" exception allows citizens to avoid capital gains on small amounts of crypto that is used following specific guidelines. Bravo.
Watch the video below, and learn more at: https://www.ato.gov.au/General/Gen/Tax-treatment-of-crypto-currencies-in-Australia---specifically-bitcoin/?page=2#personaluse
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