How is cryptocurrency taxed in New Zealand?

In New Zealand, cryptocurrency gains are taxed as income.

“In most cases, cryptoassets are considered property for tax purposes. If you acquire cryptoassets for the purpose of selling or exchanging them, the profits you make are taxable income.”

This reflects guidance from Inland Revenue (New Zealand), as of 2023-08-01.

See the full New Zealand crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare New Zealand with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: Inland Revenue (New Zealand), as of 2023-08-01