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IRD increases view of crypto activity

IRD increases view of crypto activity

From next month the Inland Revenue Department will gain a much clearer view of New Zealand-based cryptocurrency activity, and a tax expert is warning investors to be aware of what they owe. From April 1, all crypto-asset service providers, including trading platforms and brokers, are required to collect and report user identities and tax residency details.

Nine To Noon · RNZ

March 23, 202612m 34s

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Show Notes

From next month the Inland Revenue Department will gain a much clearer view of New Zealand-based cryptocurrency activity, and a tax expert is warning investors to be aware of what they owe. From April 1, all crypto-asset service providers, including trading platforms and brokers, are required to collect and report user identities and tax residency details.