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Tax, blockchain and cryptocurrency – what's all the fuss about

Publication date: 28 Nov 17 | Source: WEEKLY TAX BULLETIN

Issue: Issue 48, 17 Nov 2017

Pages: pp. 1-6

Abstract:

Cryptocurrencies are on the rise, so it's important to have some idea of what's going on, and some appreciation of likely tax consequences of the cryptocurrencies and structures around them. There are a lot of details and consequences to become familiar with and this article sets out a useful starting point.

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Author profile

Joni Pirovich
Joni is an experienced tax adviser with particular experience in structuring for corporate clients, private family groups and investment funds, and disputes with federal and state taxation authorities. More recently, Joni has become significantly involved with blockchain and cryptocurrency matters. Joni has advised on various issues related to blockchain and cryptocurrency including initial coin offerings, disputes and applying the ASIC guidance to determine whether a coin constitutes a security or financial product and a managed investment scheme. - Current at 05 July 2018
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