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#Capital Gains
Crypto Taxation Rules in Australia are Wildly Unjustified
June 24, 2019 by
Ashwath Balakrishnan
at
Ethereum
,
News
A resident of Australia paid a whopping $100,000 of tax on Ethereum coins currently worth $20,000, pushing the investor into a net loss from a freak tax event. The rules for taxation of cryptocurrency in Australia are unfair to investors and holders, leading experts to call for reform, as reported...
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