Taiwan considers taxing income from cryptocurrency trading

Odaily Odaily According to CNA, Taiwan's "legislators" today expressed concern about the taxation of cryptocurrency in Taiwan. Minister of Finance Zhuang Cuiyun said that income tax will be levied on profits from related transactions, and further research will be conducted on the audit; Director of the Taxation Bureau Song Xiuling said that the tax department currently has audit tools available to review the transaction of digital goods, and promised to study the taxation methods for cryptocurrency trading income within 3 months.