profi_17Dec 17, 2021 · 3 years ago8 answers What are the tax implications of cryptocurrency in Singapore?
I would like to know more about the tax implications of cryptocurrency in Singapore. Can you provide a detailed explanation of how cryptocurrencies are taxed in Singapore and what individuals need to be aware of? Specifically, I am interested in understanding how capital gains tax, income tax, and Goods and Services Tax (GST) apply to cryptocurrency transactions in Singapore. Are there any specific regulations or guidelines that individuals need to follow when it comes to reporting their cryptocurrency holdings and transactions for tax purposes?