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tax purposes

Trump kids’ huge ‘gifts’ to Dad Donald

Former US President Donald Trump may have received a “gift” of up to $35,000 from his son Eric with further payments of thousands or even tens of thousands of dollars from his other son Donald Jnr and daughter Ivanka. If that’s the case,…

Major crypto change hidden in budget

Bitcoin will no longer be treated as a foreign currency for tax purposes under a sweeping change included in the federal budget. The government wants to clarify Australia’s treatment of digital currencies after El Salvador adopted bitcoin…