Crypto tax in New Zealand
Crypto in New Zealand is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
39%
For an individual in New Zealand, most gains from disposing of cryptocurrency are taxed as ordinary income at your marginal rate, with no tax break for long-term holding.
“Cryptoassets are treated as a form of property for tax purposes. When you have taxable income from cryptoasset activities you need to include this in your income tax return. You need to file an income tax return - IR3 when you have taxable income from a cryptoasset activity.[5][4]” — Inland Revenue (New Zealand)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.