hi am in Melbourne Australia just wandering if any fellow aussies can help me out am really new to this and dont know how it works with payouts. taxes and things like that.
I’m not from Australia but here goes…
Under Australian federal law, cryptocurrencies are taxed as a form of property and are subject to the same regulations relating to capital gains. Non-fungible tokens, which have risen in popularity this year, are also considered taxable events under capital gains when disposed of.
Source:https://www.google.com/amp/s/www.coindesk.com/australia-tax-office-crypto-hide-seek%3Famp=1
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thanks brother that was really quick and helpful
would you mind checking my other post as well see if you know something about it