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| Cannabis bitcoin | There was a recommendation regarding the�. Entities which hold and trade crypto are still subject to financial reporting requirements determined by the nature and size of their business. Copyright Cryptocurrency NZ. Government authorities, like the IRD in New Zealand, are implementing stricter monitoring and reporting systems to detect non-compliance. You need a good tax calculator or professional to handle things in this situation. Realize profits strategically: Consider timing the realization of crypto profits in years with lower income. In cases of fraud or wilfully misleading information, there is no time limit for reassessment. |
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