The income I earn from staking or even right here on Hive where I blog and receive upvotes is classed as income and goes towards my annual income statement and taxed at the income tax bracket you're in.
Wow...that's mind blowing. I'm reading this from a country where I can't convince people in the crypto world to understand Hive and government adds you Hive pay outs to your taxable income
Yup, pretty impressive progressive tax reforms that enable Australians to participate in successful projects. The onus at the end of the day is on the person not to lose their cash and follow scams.
Education is key.
Very true...