Press Release – Paul Quickenden – Swyftx NZ Country Manager

Crypto tax isnt new but the systems around it are becoming far more robust, global and standardised – simply put – you wont be able to ignore or avoid tax.

In some people’s minds Crypto has always lived in a strange ‘grey zone’ and they hold steadfast to a lingering belief that crypto somehow sits outside the tax system – harder to track, harder to report and, in many cases, easier to ignore. Nothing could be further from the truth.

From 1 April, all the uncertainty is coming to an end as New Zealand goes live with the Crypto-Asset Reporting Framework (CARF) – a global regime designed to make crypto taxation more transparent and uniform…