New Zealand’s Inland Revenue Department (IRD) is proposing retrospective changes to New Zealand’s tax rules to simplify the taxation of cryptoassets and encourage the development of New Zealand’s cryptoasset sector. Simon Akozu and Zoe Barnes of MinterEllisonRuddWatts discuss the problems facing New Zealand’s cryptoasset sector under the current tax settings, and explain the solutions proposed in the IRD’s officials’ issues pape
Source: bloombergtax.com
