The New Zealand Tax Department has just issued guidance on salary payments made in Bitcoin and other cryptocurrency. This confirms that such payments are entirely within the law, and clarifies how to deal with them in accounting. Pay Me In Bitcoin The ruling covers payment of wages or salary (including bonuses) either wholly or in part using cryptocurrency. Payments must be for services performed as employment, and the ruling does not apply to any crypto-assets providedRead MoreThe post New Zealand Is A Good Place To Be Paid In Bitcoin appeared first on Bitcoinist.com.
