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There has been a long standing dispute between him and the Tax Office about whether his Bitcoins should be treated as assets ( higher tax rate ) or as currency.
by cant_kant 11y ago
There has been a long standing dispute between him and the Tax Office about whether his Bitcoins should be treated as assets ( higher tax rate ) or as currency. His lawyers have lobbied senior Cabinet Ministers in connection with this.
I understand that he was planning to leave the country in January. Movers had been to his rented home in Gordon, Sydney and have removed much of his furniture.
I assume that the Tax Office did not want their target to flee with all the evidence that they wanted to lay their hands on.
- cba9 11y agoSource for all that?