Create a complete transaction history
Export transaction histories from each platform and retain records of purchases, sales, swaps, rewards and transfers. Note dates, quantities, fees and the NZD valuation method used.
Reconcile your own transfers
Match outgoing and incoming transfers between your own accounts. Separate transaction fees from the transfer itself and retain evidence of ownership privately.
Keep records secure
Use encrypted backups and restrict access. Tax records may need to be retained for seven years; check IRD guidance for the obligations relevant to your activity. Do not upload statements or exact balances to this website.
Sources & further reading
https://www.ird.govt.nz/cryptoassets ↗https://www.ird.govt.nz/international-tax/exchange-of-information/crypto-asset-reporting-framework/crypto-asset-reporting-framework-overview ↗
This website provides general educational information only. It does not provide individualized financial, investment, legal or tax advice. Cryptocurrency involves risk, including potential loss of capital.