New Zealand2026-08-28 02:33:45New Zealand’s ACT Party proposes tax-free gains on crypto held longer than 12 monthsNew Zealand’s ACT Party has unveiled a policy package titled "Unlocking New Zealand’s Digital Economy," including a proposal to apply a 12-month "bright-line rule" to personal cryptocurrency holdings. Under the plan, gains on crypto assets held for more than one year would be exempt from tax, while short-term trading would still be taxed at rates ranging from 10.5% to 39%. The party said the proposal is designed to address compliance difficulties created by the current tax framework, which treats cryptocurrency assets as property. The policy package also includes relief for small transactions and a clearer regulatory approach to stablecoins. According to the report, about 355,000 New Zealanders currently participate in crypto trading. New Zealand is set to hold a general election in November 2026, and CryptoBriefing said no other major political party has yet introduced a comparable policy.1570
New Zealand2026-08-27 16:28:20New Zealand’s ACT Party Pledges Zero Tax on Crypto Gains After One YearNew Zealand’s ACT Party, described in the source as the country’s fourth-largest political party, said it would introduce a new crypto tax policy if elected. Under the proposal, income from Bitcoin and other cryptocurrencies would be exempt from income tax when held for more than 12 months. According to the report, the policy is intended to attract cryptocurrency investors. The source also said the proposal could affect the development of New Zealand’s digital economy and the country’s electoral landscape. The item was carried by Techub News and cited Crypto Briefing.1190
