• Crypto capital gains are classified as income if acquired with intent to sell.
• Gains are taxable when crypto is disposed of at a profit.
• Exemptions apply if held as long-term investment without sale intent.
• Thresholds follow standard income tax brackets; no specific crypto exemptions.
• Key rule: Calculate gain as sale price minus cost basis, taxed at marginal rate.

• Mining income is taxed as business income when received.
• Staking rewards are taxed as income at fair market value on receipt.
• Other crypto income, like airdrops or forks, is taxed as ordinary income.
• Key rule: Deduct expenses related to earning crypto income from taxable amount.

• Report all taxable crypto transactions and income in annual tax return.
• Report by the end of the tax year, March 31.
• Use IR3 form for individuals or IR4 for companies; keep records of transactions.
• Key deadline: File by July 7 for non-linked clients, or April 7 for tax agents.

• Crypto used for purchases may trigger taxable events if value appreciated.
• Recent IRD guidance clarifies DeFi and NFT taxation.
• No GST on crypto-to-crypto trades, but applies to goods/services bought with crypto.
• Consult IRD for complex cases like crypto businesses.