Treasury Laws Amendment (2022 Measures No. 4) Act 2023 (29 of 2023)

Schedule 2   Taxation treatment of digital currency

Part 1   Main amendments

A New Tax System (Goods and Services Tax) Act 1999

1   Section 195-1 (paragraph (d) of the definition of digital currency)

Repeal the paragraph, substitute:

(d) either:

(i) are not denominated in any country's currency; or

(ii) are denominated in a currency that is not issued by, or under the authority of, an *Australian government agency or a foreign government agency (within the meaning of the Income Tax Assessment Act 1997); and