Singapore

• Crypto classified as capital asset if held for investment: gains exempt.
• Taxable as trading income if badges of trade indicate business activity (e.g., frequent trades, profit intent).
• No thresholds or exemptions for capital gains; case-by-case.
• FIFO or weighted average cost method for taxable disposals.

• Mining rewards: Taxable on disposal if business; non-taxable for hobby.
• Staking rewards: Taxed as income if revenue nature, similar to mining.
• Other income (payments in crypto, airdrops for services): Taxed on fair market value at receipt or accrual.
• Barter trades valued using verifiable exchange rates.

• Report taxable crypto income in Form B (individuals) or Form C (companies).
• E-filing period: 1 Mar to 18 Apr for YA 2026 (income year 2025).
• No specific crypto forms; include under other/trading income.
• Maintain records of FMV, costs, transactions for 5 years.

• Digital Payment Tokens exempt from GST since 1 Jan 2020.
• CARF implementation: Reporting by financial institutions from YA 2027.
• e-Tax Guide on Digital Tokens updated 30 Jan 2026.
• Source of income determined by activity location.