Author Topic: The first country in the world. Officially salary in cryptocurrency!  (Read 2 times)

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In New Zealand, from September 1, people will be able to get paid in cryptocurrency! 

This permission applies only to employees, the established salary will be paid only at a fixed rate, but this does not apply to premiums and dividends. Freelancers and self-employed workers were not included in the permit.

The tax authorities of this country have set the condition that the chosen digital money will be pegged to one of the paper currencies (New Zealand dollar). So that this salary in cryptocurrency can be converted into a standard form of payment, and also vice versa, for paying taxes. Therefore, the employer needs to pay salaries to employees, only liquid cryptocurrency, tied to the rate of fiat money.

Would you like to get paid in  cryptocurrency?