Gold Coast Accountant

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Claiming crypto donations is a risky business

Claiming crypto donations is a risky business

An updated assessment guide by the ATO has revealed that cryptocurrency donations may be liable for both capital gains tax (CGT) and donation tax rules.  So if you are thinking about donating any cryptocurrency assets and then claiming back on the donation, then there are a few things you’re going to need to consider.  Firstly, it is imperative that you…

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