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Australian Journal Australian of Philately (Incorporating: Stamp and Australian Journal of Postal History) History) (Incorporating: The Date Stamp No. June 2020 No. 152 152 June 2020 'cc...dear./cebeinFISTATIONAL
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Capital philately, also known as philatelic capital, refers to the practice of collecting and studying postage stamps and related materials.
Individuals who participate in capital philately activities or have a significant collection of philatelic materials may be required to report their philatelic capital.
To fill out capital philately forms, individuals must provide detailed information about their philatelic collections, including the value of the collection and any income generated from philately activities.
The purpose of capital philately reporting is to ensure that individuals are accurately reporting the value of their philatelic collections and any income generated from philately activities for tax purposes.
Individuals must report the total value of their philatelic collection, any income generated from philately activities, and any related expenses.
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