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Tax, GST and Internet Cash
Cryptocurrency transactions - coming to a business near you – but what about the Taxman, how will She collect in a virtual world?
This webinar covers the tax and GST effects of:
• Buying and selling digital currencies (taxable gains and losses)
• Holding digital currencies at year end (treated like a foreign currency?)
• Selling goods & services for digital currency (taxing barter transactions)
• New binding rulings and guidance from Inland Revenue