The Taxation of Cryptocurrency Gains
(2021) 75(7) Bulletin for International Taxation 323-333
Posted: 2 Sep 2021 Last revised: 22 May 2023
Date Written: July 13, 2021
Abstract
Taking Singapore as an example, this article lays out a series of tests for determining whether gains arising from the disposal of cryptocurrencies are trade or business income, “all other income” or capital gains. It also considers the possibility of a presumption that individuals engaging in such transactions are gambling.
Keywords: Taxation, Taxation Law, Tax Law, Cryptocurrencies, Digital Tokens
JEL Classification: K34, F38, H2, H20, H24, H25, H26, H27, H29
Suggested Citation: Suggested Citation
Vincent Ooi (Contact Author)
Singapore Management University - Yong Pung How School of Law ( email )
55 Armenian Street
Singapore, 179943
Singapore
HOME PAGE: http://vincentooi.com
Singapore Management University - Centre for Digital Law ( email )
55 Armenian Street
Singapore
Singapore