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Comment But according to the ATO, bitcoin is not currency (Score 1) 111

Since the ATO (Australian Taxation Office) put out their 30 September statement saying that Bitcoin is not a currency and is actually a good (thus attracting the 10% GST) I don't think MasterCard have a solid argument. Until I can pay my Australian tax in bitcoin (or other crypto currency) I don't think MasterCard has much to worry about.

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