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PARAGRAPHInland Revenue is upping its comply with IRD's request, after anti-money laundering compliance issues, liquidators legal expert says.

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Tax on Crypto in New Zealand
Greater visibility over who in New Zealand owns cryptocurrency would reduce tax avoidance, tax officials told the Revenue Minister. The guidance clearly states that the IRD will review the white paper or any other underlying documents of an ICO and examine what rights and benefits are. Work out cryptoasset income for a tax return and how stolen cryptoassets change what's on your tax return.

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calendar_month 23.06.2020

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Learn more about the CoinLedger Editorial Process. Others say with more money, comes more problems. Officials told Parker the CARF would only come into effect in at the earliest and would have to be implemented in New Zealand via legislation. Kiwi grit alone will only get you so far.