New Zealand Plans Overhaul of Crypto Reporting Standards in Proposed Tax Legislation
New Zealand's Revenue Minister, Simon Watts, has proposed integrating the OECD's framework for gathering crypto-asset financial information into the national framework. The proposed legislation, which is part of the Taxation (Annual Rates for 2024–25, Emergency Response, and Remedial Measures) Bill, seeks to align New Zealand's regulations with the OECD's Crypto-Asset ...