OrbitaxLegislation Introduced in Australian Parliament to Remove the Double Taxation of Digital Currency
|Proposed Changes|Australia
On 14 September 2017, the Australian Treasury announced the introduction of the Treasury Laws Amendment (2017 Measures No. 6) Bill 2017, which amends the A New Tax System (Goods and Services Tax) Act 1999 (GST Act) to ensure that supplies of digital currency receive equivalent GST treatment as supplies of money. The main aspects of the legislation are largely unchanged from the version consult…
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