Post
Topic
Board Bitcoin Discussion
Re: Have You Paid Tax On Bitcoin?
by
mobnepal
on 17/11/2019, 04:55:44 UTC
What is your country's policy on taxation on cryptocurrency? Secondly, have you used Bitcoin ATM before? I heard about Bitcoin ATM when they installed them at the Melbourne airport. Please share your experience on BTC ATM and taxation. https://www.cryptoinfowatch.com/irs-looking-at-tax-issues-linked-with-bitcoin/
In australia its pretty easy to deal with tax when you are earning crypto or trading it, you just have to pay normal income tax rate.

I have tried one bitcoin atm at melbourne central by auscoin but it keep on loading even after waiting for 15 min when i entered the code i have received on my phone.  Grin
Later on i heard that auscoin was flagged as scam and under investigation for money laundering and drug trafficking.