New Zealand Chases 200,000 Crypto Investors For Untaxed Income

New Zealand’s tax authorities announced that over 200,000 citizens had not declared their crypto income in their tax returns. The watchdog issued a reminder that virtual assets are taxable and revealed it will take stronger measures to track those not disclosing their earnings in digital assets. Related Reading: DraftKings NFTs Securities Trial Advances As Judge

Source: Bitcoinist