New Zealand approves crypto salaries for employees

New Zealand approves crypto salaries for employees

As per a new proposal, salaried employees in New Zealand will now be able to earn their monthly salaries in cryptocurrencies. The plan is going to take effect from September 1st, 2019. This was reported in a tax information bulletin issued by the Inland Revenue Department of New Zealand. The plan will be active for the next three years.

Simone
Simone
Tin Ego
Tin Ego 7 months

I want my wages in gold

Kyle Broflovski
Kyle Broflovski 7 months

Yeah, so they can tax it. New Zealand is cucked on their taxes.

Chrono Loop
Chrono Loop 7 months

Bad idea? I tried to get myself paid partially in bitcoin in 2017, it would've been great had my company actually done that, I would've made so much on it considering the price went up 5x from when I was first hired

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