0 comments on “Tax Treatment of Capital Assets in Cryptocurrency Mining”

Tax Treatment of Capital Assets in Cryptocurrency Mining

We’ve recently been asked to discuss the tax treatment of capital assets purchased for cryptocurrency mining. In most situations capital assets (such as computers or graphics cards) are used 100% for the cryptocurrency mining operation and depreciation is claimed. The…

0 comments on “Migrating to New Zealand with Cryptocurrency – A Temporary Foreign Tax Exemption”

Migrating to New Zealand with Cryptocurrency – A Temporary Foreign Tax Exemption

A New Zealand tax resident normally pays tax on their world-wide income. However, for new migrants arriving to New Zealand, there is a temporary tax exemption on foreign income. If you qualify, you do not pay tax on your foreign…