CoinJar Introduces 10% AUD-BTC Tax Following Legislator Mandate

By October 2, 2014Bitcoin Business

Following the launch of its Swipe EFTPOS debit card, Australian exchange CoinJar appears to have been caught out by recent legislation and will require AUD-BTC transactions to include 10% goods and services tax (GST) from October 3. In a blog post released today, CoinJar stated that private BTC-AUD transactions would not be affected, but that business sell orders would also need to include the 10% contribution. “We wrote previously about the steps we’re taking […]

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