In a new email newletter sent from the ATO small business newsroom, the aussie Gov reaches out to crypto users for their input regarding the current tax guidelines and how they navigate this minefield..
The email offeres a link for free actors to be involved within an open conversation regarding current guidlines for australians paying tax and currently involved in trading currency. Also offering a platform to express any concerns for confusion regarding record keeping on crypto purchased specifically outlining this includes all alt-coins..
For any aussies blogging here on steemit with a fair amount of success or a person currently growing a profitable cryptocurrency based business, these guidlines and the opportunity to contribute are something worth seriously considering.
Digital money is only going to grow in the coming years as we move towards a hyper connected marketplace of sorts.. the need to pay taxes on this digital asset will become more relevant as time goes on.. from steemit to POWH3D the opportunity to grow asset value is a very real thing and with less privacy control and more transperancy taking form in this space it would prove advantageous to get up to speed with legal requirements if you have not already.
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