Valentina
Tue Jun 11 2024
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7 answers
1578
Can you avoid crypto tax Australia?
I'm just curious, can you really avoid crypto tax in Australia? I've heard rumors that some people find loopholes or ways to skirt around paying taxes on their cryptocurrency transactions. Is this actually possible? Or is it just a myth? I'm really trying to understand the tax implications of crypto in Australia and whether there's any legitimate way to minimize one's tax burden. Can you shed some light on this matter for me?
Skywalker
Tue Jun 11 2024
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7 answers
1663
Is crypto legal tender in Australia?
Could you please clarify for me if cryptocurrencies are considered legal tender in Australia? I'm curious to know if they're officially recognized as a means of payment in the country. Additionally, I'd like to understand if there are any specific regulations or policies surrounding the use of crypto as a form of payment in Australia. It would be helpful to know if businesses and individuals are allowed to use cryptocurrencies for transactions, and if so, what kind of legal framework supports this. Thank you for your assistance in clarifying this matter.
Tommaso
Tue Jun 11 2024
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6 answers
1505
Who pays capital gains tax in Australia?
Could you kindly elaborate on the matter of capital gains tax in Australia? I'm particularly interested in understanding who exactly is liable to pay this tax. Does it apply to individuals or does it also extend to businesses and other entities? Additionally, what are the criteria that determine when a capital gain is taxable? Is it based on the amount of the gain or certain types of transactions? Furthermore, are there any exemptions or exceptions to this rule? It would be helpful if you could provide a comprehensive overview of the individuals and entities that are required to pay capital gains tax in Australia. Thank you in advance for your assistance.
Dreamchaser
Tue Jun 11 2024
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7 answers
1702
Can you invest in cryptocurrency in Australia?
Could you please elaborate on the possibility of investing in cryptocurrency in Australia? Is it legal to do so? Are there any specific regulations or restrictions that investors should be aware of? Are there any tax implications associated with crypto investments in Australia? Additionally, could you provide some insights into the crypto market in Australia, such as popular exchanges or wallets that Australians commonly use for crypto trading? Thank you for your assistance in clarifying these matters.
KimonoGlory
Tue Jun 11 2024
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7 answers
1254
Does Australia use Bitcoin ATM?
Does Australia indeed utilize Bitcoin ATMs? Are these machines widely available throughout the country? Do Australians have convenient access to these ATMs for buying and selling Bitcoin? Are there any specific regions or cities where the presence of Bitcoin ATMs is more prominent? Also, are there any regulatory frameworks or policies that Australians need to be aware of when using Bitcoin ATMs? Finally, how secure and reliable are these Bitcoin ATMs in Australia, and what are the potential risks involved?
