Taxing cryptoasset income

You need to file an income tax return - IR3 when you have taxable income from a cryptoasset activity. Before you can add your cryptoasset net income (or loss) in your income tax return you must:

calculate the New Zealand dollar value of your cryptoasset transactions
work out your cryptoasset income and expenses.

There are other rules you need to be aware of if your cryptoassets are trading stock.

Pages in this section

Cryptoasset income and expenses We explain how to work out your cryptoasset income (or loss) and expenses.
Declare cryptoasset income or a loss When you complete your income tax return, you will have income or a loss to declare. Find out how how to declare your income or loss.
Record keeping for cryptoassets Find out what records you need to keep to help you file your returns and as support if you’re audited.
Cryptoassets and GST (goods and services tax) How GST applies to cryptoassets.

Te uta tāke ki te moni whiwhi rawa whiti-rangi Taxing cryptoasset income

Taxing cryptoasset income