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What Isn’t Taxable In Crypto Tax Free Crypto Transactions In Australia
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http://youtube.com/watch?v=tytfpfbbnN0
What isn’t taxable in crypto? The good news for crypto investors in Australia is that a lot of transactions are treated as tax free by the ATO. Let’s jump in and see what crypto transactions won’t have direct tax implications. This video is hosted by Patrick McGimpsey from crypto tax platform @cryptotaxcalculator. • Learn about crypto tax in Australia! • Crypto Tax 101 is a video series brought to you by Binance Australia. Crypto Tax 101 is here to help you understand the complex world of crypto tax in Australia. • In this series, we’ll be providing simple explanations of what you need to know about crypto tax. We’ll be hosting subject matter experts from Cadena Legal, Crypto Tax Calculator, and Koinly to cover everything. From the basics, like what is considered taxable and what isn’t, to more advanced topics like defi, staking, airdrops, and liquidity pools. • See the full Crypto Tax 101 playlist here: • Crypto Tax 101 - Learn Crypto Tax in ... • We're working to improve these videos every month. Leave your questions and feedback in the comments! • 00:00 - 00:28 What isn’t taxable in crypto? • 00:28 - 01:02 Buying, holding and transferring crypto • 01:02 - 01:15 Crypto gifts • 01:15 - 02:16 Personal use crypto assets • 02:16 - 02:30 Hobby mined crypto • 02:30 - 02:57 Donations to registered charities • 02:57 - 03:17 Keep learning! • Connect with Binance Australia • ⬥ LinkedIn: / binanceaustralia • ⬥ Telegram: https://t.me/binanceaustralia • ⬥ Twitter: / binance_aus • ⬥ Instagram: / binanceaustralia • ⬥ Website: https://www.binance.com/en-AU • Sign up to Binance in Australia: https://accounts.binance.com/en/register • Disclaimer: • This content is for general information purposes only, not investment advice. Cryptocurrencies, including Bitcoin, are volatile and fluctuate on a day-to-day basis, thus, trading requires proper diligence and sound judgement in order to evaluate the risks associated. • Nothing in this video constitutes investment or legal recommendation, nor should any data or content mentioned in the newsletter be relied upon for any investment activities. You should consider seeking independent legal, financial, taxation or other advice to check how the video content information relates to your unique circumstances.
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