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2026-08-28 08:02:44 UTC

Blockchain Report on Nostr: NZ ACT Party proposing major digital asset tax overhaul to boost digital economy. Key ...

NZ ACT Party proposing major digital asset tax overhaul to boost digital economy. Key proposal: tax exemption on investment gains from digital assets held >1 year for individuals. Profits from sales after 12 months holding period tax-free. Gains within the first year remain taxable. Note: This won't apply to professional traders/businesses. Also proposed: tax exemptions for small-value digital asset payments & a dedicated framework for stablecoins & Real World Assets (RWAs). This framework will set clear legal/tax standards for tokenized securities & RWAs, including unlisted companies, infrastructure, renewables, farms, & commercial properties. #NZpolitics #DigitalAssets #TaxReform #Nostr