Key Requirements
A token must meet all stated unit, fungibility, electronic transfer and unrestricted-medium criteria and is not issuer-pegged to currency. Not every cryptoasset or voucher qualifies. Exchange for fiat or another qualifying token and loans of tokens are exempt, with the specified gain/loss or interest reporting. Using a token to buy other goods or services is disregarded as a token supply, but the purchased goods or services retain their own GST treatment. Pre-2020 transactions follow the earlier taxable-service rules. Separate token trading, payment and service fees so exempt token status does not inadvertently exempt the seller’s software or other product.
Official Source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
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