Cryptocurrency Tax – Collateral Finance Loans

Cryptocurrency collateral finance loans are becoming increasingly popular. They allow an individual to maintain price exposure to token price fluctuations while providing additional capital (the loan) to utilize (how they choose). An individual deposits cryptocurrency into a contract or an…

Cryptocurrency Tax Webinar – Questions and Answers

Due to being at full capacity for consulting calls (until January 2022), we are hosting a Cryptocurrency Tax Questions and Answers Webinar. The webinar will be on Tuesday 7th December at 7pm. Register here. A webinar recording will be available…

Foreign Tax Exemption – New Migrants and Returning New Zealanders

Are you moving to NZ with cryptocurrency? Do you want 4 years NZ tax exemption of foreign income after arriving in NZ? You may have a once in a lifetime opportunity to structure, plan, and utilize a temporary foreign tax…

Earning Staking Rewards – Cryptocurrency Tax Treatment

This article outlines the income tax treatment of cryptocurrency staking income. It includes examples of how cryptocurrency staking rewards are taxed as well as disposing of the underlining crypto. Staking cryptocurrency is becoming more popular with specific providers such as…

How to create APIs for your cryptocurrency exchanges

We have updated our internal cryptocurrency accounting systems so we can receive a read only API (application programming interface) from you. This will include all your exchange trading history and import directly into our accounting system. Previously we have requested…

NZ Government launched cryptocurrency inquiry to understand benefits and risks

An inquiry into the nature, impact and risk of cryptocurrencies has been announced by Parliament's Finance and Expenditure Committee. It will look into the nature and benefits of cryptocurrencies as well as the risks to both users and Aotearoa as…