July 2019 – Cryptocurrency Tax NZ

Tax Treatment of Capital Assets in Cryptocurrency Mining

Posted by Tim Doyleon July 18, 2019July 18, 2019in Cryptocurrency MiningLeave a comment

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…

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

Posted by Tim Doyleon July 3, 2019October 6, 2021in Cryptocurrency Tax, Tax Residency1 Comment

Update October 2021. Although the same general principles apply, some of this earlier article is now out of date. We have recently published an online learning course for new migrants and New Zealanders returning to NZ after being away for…