When you trade, earn, or sell cryptocurrency in Taiwan, a jurisdiction that treats crypto as property for tax purposes, you’re not just moving digital assets—you’re creating taxable events. Unlike some countries that ignore crypto gains, Taiwan requires you to report profits from crypto sales, staking rewards, airdrops, and even swaps. The Taiwanese tax authority doesn’t care if you used Binance, KuCoin, or a decentralized exchange. If you made money, it’s taxable.
Here’s the simple truth: if you bought Bitcoin for $10,000 and sold it for $15,000, that $5,000 gain is income. Same goes for earning ETH from staking, getting tokens from an airdrop, or trading SOL for AVAX. The Taiwan tax code doesn’t have a special category for crypto—it falls under capital gains and is taxed as part of your overall income. There’s no exemption for small trades. Even a $50 profit from swapping a meme coin needs to be recorded. And yes, that includes crypto earned from side gigs, NFT sales, or DeFi yield. The Taiwan Financial Supervisory Commission doesn’t track your wallet addresses, but they can audit you if your bank deposits don’t match your declared income.
What you don’t owe? Tax on holding. Buying crypto and sitting on it doesn’t trigger anything. But as soon as you convert it to fiat, trade it for another coin, or use it to buy something—boom, taxable event. And forget about using mixers or privacy tools to hide your trail. Blockchain forensics tools like Chainalysis are used by global regulators, and Taiwan works closely with international agencies. If you’re caught hiding crypto income, penalties can include fines up to 200% of the unpaid tax, plus criminal charges for fraud.
Most people in Taiwan don’t report crypto taxes because they think no one’s watching. But that’s changing fast. Banks are now flagging large crypto-related transfers. Tax auditors are asking questions. And with the EU’s MiCA rules and global standards tightening, Taiwan won’t be far behind. The good news? You don’t need an accountant who specializes in crypto—just a spreadsheet that tracks every trade, date, amount, and value in NT dollars at the time of transaction. Keep receipts. Save wallet addresses. Record the exchange rates you used. It’s tedious, but it’s your shield against trouble.
Below, you’ll find real cases, clear breakdowns, and scam alerts related to crypto taxes in Taiwan and other regions. Some posts show how people got caught. Others explain how to legally minimize your burden. No fluff. No guesswork. Just what you need to know before you file—or before you make your next trade.
Cryptocurrency taxation in Taiwan applies 5% VAT on sales and 20% income tax on profits. Exchanges now report to tax authorities, and unreported gains risk audits. New rules are coming in 2025.