Forum Topics Tax implications of Strawman rewards
SebastianG
3 years ago

I agree, I can just be a paranoid android as it were...

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SebastianG
3 years ago

This might be a silly question and I appreciate the standard answer will be to get assistance from your accountant but would Strawman rewards be taxable as income?

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Strawman
3 years ago

A wise man once said that there's no better problem than a tax problem :)

Member Rewards will have tax implications. From their website:

Any earnings on your investments are subject to taxes according to Australian tax laws. After the end of each financial year, we will send you a single annual tax statement by email known as an Attribution Managed Trust Member Annual (AMMA) statement. Before the end of the financial year we will also ask you to provide us with your TFN, so that we can pre-populate your gains and losses to the ATO.  
 

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