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Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan. The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He bought the Miss Universe brand of beauty pageants in 1996, and sold it in 2015. He produced and hosted The Apprentice, a reality television series, from 2003 to 2015. As of 2020, Forbes estimated his net worth to be $2.1 billion.[
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A tax expert’s tips on claiming crypto losses on tax, and how to work out capital gains

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theconversation.com

So, you’ve bought crypto. You’re not alone. Though the statistics are inexact, some surveys suggest as many as 21% of Australian adults now own crypto assets (and that a further 8% have owned them in the past).

If you managed to make gains in the past year, you may need to pay extra tax. Or you may be able to use losses to offset other gains you have made.

The tricky part is working out those gains or losses. This isn’t based just on when you convert your crypto assets into Australian dollars.

Every transaction – or what the tax office calls a “disposal” – triggers a taxable point. So you need to keep track of these.

Read more on theconversation.com
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