The Taxation of Cryptocurrency Gains
(2021) 75(7) Bulletin for International Taxation 323-333
Posted: 2 Sep 2021 Last revised: 22 Apr 2022
Date Written: July 13, 2021
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
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