RE: Steemit Tax Calculation and Payment System

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Steemit Tax Calculation and Payment System

in steemit •  8 years ago  (edited)

This is a super helpful reference, we currently have Capital Gains Tax in Australia at the moment for digital currencies, however from 1 July 2017 cryptocurrency won't be subject to GST in Australia, and will be treated just like money specifically for GST purposes - which is fantastic! (previously we'd have GST on both the initial purchase of cryptocurrency & for the exchange when using the cryptocurrency for the purchase of another good/service).

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8 years ago by

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