Manner in which an amount of consideratiManner in which an amount of consideration for the supply is worked out

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Manner in which an amount of consideration for the supply is worked out

4. You must convert the amount of consideration expressed in digital currency using the following formula:

Amount of digital currency x your particular exchange rate on the conversion day

You must use your particular exchange rate consistently.

Other than an agreed rate, your particular exchange rate must reflect the GST inclusive market value of the digital currency in Australian currency.

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