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biffloman (34)Hivebuzz level badge

300 followers7 posts13 following2 HP
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Joined July 2017 Active 8 years ago

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  • biffloman (34)in #bitcoin • 8 years ago

    RE: Tax Time With CryptoCurrency In Australia

    That CGT exemption is only for Bitcoin purchased in the last financial year. Older holdings would come under a different rule. And as for trading between cryptos? I believe any…
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  • biffloman (34)in #bitcoin • 8 years ago

    RE: Tax Time With CryptoCurrency In Australia

    The wording they use is "proceeds from the disposal of the Bitcoin." So whether your selling Bitcoin for cash or goods, it is treated the same and triggers a CGT event. If the…
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  • biffloman (34)in #bitcoin • 8 years ago

    RE: Tax Time With CryptoCurrency In Australia

    They are treating it as a currency for tax purposes. I don't think technically it can be called legal tender. The government is still scrambling to work out the laws to define…
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    • biffloman (34)in #sports • 8 years ago

      RE: State Of Origin Decider

      We've gotta win tonight. Surely!!
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