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New Zealand Aims To Abolish Cryptocurrency Sales Tax While Income Tax Would Remain

New Zealand Aims To Abolish Cryptocurrency Sales Tax While Income Tax Would Remain

Quick Read: The New Zealand government has held discussions in a bid to revise the Goods and Service Taxes applied to cryptocurrency. This would mean that cryptocurrencies exchanging ownership would be liable to a 15% GST and end up double taxing as they would still be keen on applying the income tax.







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