Author

Topic: CCCB statement on Crypto Currencies in Australia (Read 745 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
December 23, 2013, 03:37:41 PM
#2
More likely to be treated like a commodity for now like everywhere else.
legendary
Activity: 1358
Merit: 1000
As yet there is no legal material available, and anyone purporting to claim as such, is to be treated as pure hearsay. Once any material is available it will be distributed and stamped with CCCB approval and placed on here and the websites.

At the moment Crypto's are technically being treated as any stock type investment and it would be natural to assume that any taxation would follow normal rules as applied to trading any stock or currency.



 
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