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Australia - tax guidance on bitcoin published on 20 August 2014

The Australian tax authority released a number of draft tax determinations and a guidance paper, in which it states that bitcoin and other cryptocurrencies are not money or foreign currency for taxation purposes. 189 more words


ATO Guidance on bitcoin taxation in Australia

The ATO released guidance on bitcoin taxation today and it’s predictably not a great outcome for bitcoin businesses in Australia. The ATO’s view is that bitcoin is: Not money, not a foreign currency, not a financial supply for GST (Goods and Services Tax) purposes, but it is an asset for CGT (Capital Gains Tax) purposes. 1,004 more words



‘Bon voyage is always French’ was the motto of the Compagnie Generale Transatlantique, better known as the French Line. The line asserted confidently that you were actually ‘in France’ the moment that you crossed the gangways of any of their fabled liners, no matter where in the world you actually happened to be. 1,036 more words

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Amazon & Google …

The Perfect Storm?


CGT Magazine just posted that Amazon.com joined the top ten retailers in America at position number 9. 155 more words

Customer Data Marketing

AO! That rating really hurts

AO World has changed the world of domestic appliance retailing. If your fridge-freezer dies, you can have the new model of your choice installed before the frozen pizzas start to melt. 679 more words