What’s particularly interesting about this bill is that it clarifies the tax treatment of cryptoassets, and it has two proposed amendments which would exclude cryptoassets from GST and the financial arrangements rules.
Source: interest.co.nz
Latest Posts in "New Zealand"
- Central Otago Man Jailed for $133,000 GST Fraud Using Fake Business Expenses
- GST Guidance on Payment Processing Services Supplied to Merchants: Draft Interpretation Statement Released
- GST Input Tax Deductions for Secondhand Goods: Requirements, Exceptions, and Associated Persons
- Understanding “Payment” for GST: Timing, Tax Periods, and Input Tax Deductions
- GST Input Tax Deduction Requirements for Secondhand Goods: Summary Fact Sheet














