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ATO "Personal Use" Crypto Tax Exemption

The Australian Tax Office published excellent guidelines on the use of cryptocurrencies in its jurisdiction. Notably, a "personal use" exception allows citizens to avoid capital gains on small amounts of crypto that is used following specific guidelines. Bravo.

Watch the video below, and learn more at: https://www.ato.gov.au/General/Gen/Tax-treatment-of-crypto-currencies-in-Australia---specifically-bitcoin/?page=2#personaluse

https://youtu.be/IRuDdKxoKmk

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About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com.

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