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05-03-2016, 06:51 PM
The Australian government decides it's really into Bitcoin
http://i.amz.mshcdn.com/cyykJ1zxvvKHr-kuGTOfIqp7pCk=/575x323/http%3A%2F%2Fi.blueprint.mashable.com%2FzQLepV-zOXEI4nj0g4KcWkcHEQk%3D%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F78332%2FGettyImages-527516290.jpghttp://a.amz.mshcdn.com/assets/feed-tw-f7c0a094d16b7ee7c91a1e50839a8e00.jpg (http://twitter.com/share?via=Mashable&text=The+Australian+government+decides+it%27s+real ly+into+Bitcoin&src=http%3A%2F%2Fmashable.com%2F2016%2F05%2F03%2Fb itcoin-blockchain-australia%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial)http://a.amz.mshcdn.com/assets/feed-fb-c0a21e8841794479b8086c32c6f24ba1.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2016%2F05 %2F03%2Fbitcoin-blockchain-australia%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial&src=sp)
Is it because the creator of Bitcoin could, just maybe, be an Aussie (http://mashable.com/2016/05/02/satoshi-nakamoto-craig-wright/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)?
The day after the mysterious Craig Wright told news outlets*he was the father of Bitcoin, which many people continue to very much doubt (http://mashable.com/2016/05/02/bitcoin-creator-skepticism/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), the Australian government included a number of crypto-currency-friendly measures in its 2016 budget.
SEE ALSO: Global tech companies to pay up as Australia gets its own 'Google Tax' (http://mashable.com/2016/05/03/australia-introduces-google-tax/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Tuesday night local time, the government repeated its proposal, first an**unced (http://mashable.com/2016/03/21/double-taxation-bitcoin-australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) by Treasurer Scott Morrison in March, to end the double taxation of Bitcoin in Australia. The*Australian Taxation ****** currently treats*Bitcoin as a commodity rather than a currency, meaning both the*Bitcoin transaction and the goods purchased are*liable for a 10% Goods and Services Tax (https://www.ato.gov.au/Business/GST/) (GST). Read more... (http://mashable.com/2016/05/03/bitcoin-blockchain-australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Budget 2016 (http://mashable.com/category/budget-2016/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Blockchain (http://mashable.com/category/blockchain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Australia (http://mashable.com/category/australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/_RiIzUhGL64
http://i.amz.mshcdn.com/cyykJ1zxvvKHr-kuGTOfIqp7pCk=/575x323/http%3A%2F%2Fi.blueprint.mashable.com%2FzQLepV-zOXEI4nj0g4KcWkcHEQk%3D%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F78332%2FGettyImages-527516290.jpghttp://a.amz.mshcdn.com/assets/feed-tw-f7c0a094d16b7ee7c91a1e50839a8e00.jpg (http://twitter.com/share?via=Mashable&text=The+Australian+government+decides+it%27s+real ly+into+Bitcoin&src=http%3A%2F%2Fmashable.com%2F2016%2F05%2F03%2Fb itcoin-blockchain-australia%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial)http://a.amz.mshcdn.com/assets/feed-fb-c0a21e8841794479b8086c32c6f24ba1.jpg (http://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2016%2F05 %2F03%2Fbitcoin-blockchain-australia%2F%3Futm_campaign%3DMash-Prod-RSS-Feedburner-All-Partial%26utm_cid%3DMash-Prod-RSS-Feedburner-All-Partial&src=sp)
Is it because the creator of Bitcoin could, just maybe, be an Aussie (http://mashable.com/2016/05/02/satoshi-nakamoto-craig-wright/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)?
The day after the mysterious Craig Wright told news outlets*he was the father of Bitcoin, which many people continue to very much doubt (http://mashable.com/2016/05/02/bitcoin-creator-skepticism/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), the Australian government included a number of crypto-currency-friendly measures in its 2016 budget.
SEE ALSO: Global tech companies to pay up as Australia gets its own 'Google Tax' (http://mashable.com/2016/05/03/australia-introduces-google-tax/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Tuesday night local time, the government repeated its proposal, first an**unced (http://mashable.com/2016/03/21/double-taxation-bitcoin-australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial) by Treasurer Scott Morrison in March, to end the double taxation of Bitcoin in Australia. The*Australian Taxation ****** currently treats*Bitcoin as a commodity rather than a currency, meaning both the*Bitcoin transaction and the goods purchased are*liable for a 10% Goods and Services Tax (https://www.ato.gov.au/Business/GST/) (GST). Read more... (http://mashable.com/2016/05/03/bitcoin-blockchain-australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Budget 2016 (http://mashable.com/category/budget-2016/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Blockchain (http://mashable.com/category/blockchain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Australia (http://mashable.com/category/australia/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/_RiIzUhGL64