If you have any legal questions about domains then post here and others may have had a similar experience to yourself where they can help point you in the right direction.

If one purchases a portfolio of domains with the intent to monetize them, can they be depreciated over some time-frame (like a portfolio of trademarks - straightline 15 years)?

Great question. This really depends upon the tax laws in your country but I can tell you what we do in Australia.
1. Domains purchased for less than $1000 we expense.
2. Domains purchased for greater than $1000 we capitalise and depreciate over 3 years.
3. Expense all registration costs.

We ended up going to some of the best tax lawyers in Australia and they came to the conclusion that domains slip through the cracks of the taxation system because they are NOT assets but expiring license rights.....then it went on and on.... We ended up applying the small business tax rules.

I hope that helps you out

Interesting. I like that $1000 cut off.

It's a nice feature of the Australian tax law that allows small business to simply their accounts.

Planetdomains.com offers cheap .com.au domains with a catch!

1. They share your details with second partners who use this information to take advantage of your domain name by registering a .com version so you have to buy it from them.

This is very serious!!
Information given to a domain registrar is supposed to be secure and not available to others.

Stay away from planetdomain.com!


Question: which Australian authority can I report this to?

You can report this behaviour to AUDA