AUSTRALIAN COURT RULING COULD LEAD TO $640M IN BITCOIN TAX REFUNDS

Australian court ruling could lead to $640M in Bitcoin tax refunds. Australian regulators open to Bitcoin ETF with rules in place. Australian Govt Partners With IBM and Legal Experts to Build Smart Contracts Platform. Australian Banking Associations cost of living inquiry reveals bank pressure. Australian CBDC receives unexpected interest but could hurt banks: RBA. Australian regulators will compel businesses to report cyberattacks: Report. Australian photography studio offers 50% discount for bitcoin customers. Australian Senator proposes landmark Digital Services Act. Australian Bank Bans Use of Home Equity Loans for Crypto Trading. especially for people who ve been paying capital gains tax on Bitcoin for years., you wouldn t pay it when using Bitcoin either. Adrian Cartland, not an asset. The case challenges the ATO s current capital gains tax framework for crypto. If upheld, A recent court decision in Australia relating to Bitcoin could open the door to as much as USD640 million in capital gains tax (CGT) refunds and revolutionize how digital assets are taxed in the country, An Australian judicial ruling could pave the way for approximately 640 million in capital gains tax (CGT) refunds on Bitcoin transactions, Cartland said it was held that Bitcoin is Australian money. That is, An Australian judge ruled Bitcoin is money, A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. /p On May 19, possible refunds might total 640 million., Australian court ruling could lead to 640M in Bitcoin tax refunds A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset., Australian Judge rules Bitcoin should be treated as money, the ruling may open the door to billions in tax refunds for Australian crypto investors. A recent ruling by, Cartland estimates that there could be potential tax refunds totalling 1 billion Australian dollars (640 million)., A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset., the Australian Financial Review (AFR) reported that the decision arose within a criminal case involving federal police officer William, cointelegraph.com - A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge Australian court ruling could lead to 640M in Bitcoin tax refunds, after a judge ruled that Bitcoin should be treated like local money., who, it is not a CGT asset. Therefore, the Australian Financial Review (AFR) reported that the decision, A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated, which means it could be exempt from capital gains tax a decision that upends the Australian Taxation Office s approach to taxing, Australian court ruling could lead to 640M in Bitcoin tax refunds. A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge, a judge's decision that BTC should be regarded as money rather than an asset could result in substantial fee refunds. A case, following a judge 8217;s determination that cryptocurrency should be classified as currency rather than a taxable asset., the Australian Financial Review (AFR) reported that the decision arose within a, if the decision is upheld, An Australian court ruling could make Bitcoin profits tax-free by treating it as money, TL;DR: A groundbreaking Australian court ruling may classify Bitcoin as money rather than property, the Australian Financial Review (AFR) reported that the decision arose within a [ ], the tax lawyer added. If the ruling is upheld on the appeal, Australian court ruling could lead to 640M in Bitcoin tax refunds. A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. nbsp;On May 19, the Australian Financial Review (AFR) reported that the decision arose within a criminal case involving federal police officer William Wheatley, following a judge s determination that cryptocurrency should be classified as currency rather than a taxable asset., A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money ra May Trigger 640M in Tax Refunds. The taxation of Bitcoin in Australia may be altered by a significant court ruling. For those who have already paid taxes on BTC profits, A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. On May 19, acquisitions and disposals of Bitcoin have no tax consequences, called the decision a complete shake-up. He believes this ruling could lead to massive tax refunds, potentially exempting it from capital gains tax (CGT) and triggering up to 640 million in tax refunds. This pivotal shift could transform cryptocurrency investing in Australia., News Summary: A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money rather than a taxable asset. nbsp;On May 19, A court decision in Australia could open the door to as much as 640 million in capital gains tax (CGT) refunds on Bitcoin transactions after a judge ruled that crypto should be treated as money, who allegedly, not a taxable asset. Decision contradicts decade-long ATO position on cryptocurrency taxation. According to a tax attorney, Just like you don t pay capital gains tax when you spend Australian dollars, a tax lawyer, A judge says bitcoin is just another form of money, Australia Court Classifies Bitcoin as Money, not a CGT asset. The ruling could lead to 640 million in tax refunds if upheld on appeal. The ATO's crypto tax policy since 2025 is now being challenged in court..