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Hot Topic Hawke's Bay
Hot Topic Hawke's Bay
3 mins to read

IRD finds a way to tax cryptocurrencies

Where there's money, there's tax, the IRD says.

Nathan Smith
Tue, 03 Apr 2018

The Inland Revenue will treat cryptocurrencies as property so it can levy taxes on the digital money.

In new guidance released this week, the IRD says although cryptocurrencies are not sovereign or issued by the Reserve Bank, purchase of the cryptocurrency assets can only be done with a view to

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Nathan Smith
Tue, 03 Apr 2018
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IRD finds a way to tax cryptocurrencies
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