Some arrangements are excluded from the financial arrangement rules.
These are called excepted financial arrangements and are usually taxed under their own tax rules or the general income tax rules. Examples include:
- shares
- loans in a foreign currency for a private or domestic reason
- an overdraft or current account in a foreign currency where the balance is no more than $100,000 at any time in a year (except for companies)
- cryptoassets (except those economically equivalent to debt arrangements).
In some cases, you can choose to treat an excepted financial arrangement as a financial arrangement.
Most financial arrangements held by transitional tax residents are excepted financial arrangements.
Last updated:
16 Sep 2026