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Your tax residency status affects what tax you’ll pay in New Zealand on your cryptoasset income.

If you do not know your tax residency status, you’ll need to work it out.

Tax residency status for individuals

If you’re a New Zealand tax resident, you’ll generally pay tax on your worldwide income. This includes your cryptoasset income even if you acquire and dispose of it overseas, such as when you use a crypto exchange based outside New Zealand.