I repeat a message we issued earlier in the week - no taxpayers will be disadvantaged as a result of the outage. This means if you needed to make a payment or lodge a form but couldn’t, you won’t be penalised. If you have any other concerns about how the outage might have affecte...
I repeat a message we issued earlier in the week - no taxpayers will be disadvantaged as a result of the outage. This means if you needed to make a payment or lodge a form but couldn’t, you won’t be penalised. If you have any other concerns about how the outage might have affecte...
provision to ensure that for tax purposes, debt treatment is not extended to arrangements where a debt interest is issued to a connected entity, and the return paid to the connected entity is used to fund an equity-like return on investment held by a ...
Crypto taxation software provider Koinly has announced a partnership with three Australiandigital asset exchangesto simplify their clients’tax reporting. Coinjar, Cointree and Swyftx announced support for Koinly on July 29, allowing the exchanges’ customers to automatically feed trading data to Koinly...
For tax purposes, crypto assets are not a form of money. The GST Act has a definition of “digital currency” and trading digital currency is largely a GST free activity. Crypto asset transactions with gift cards or debit cards The ATO has carved out three particular examples. First, the ...