Taiwan Crypto Tax: What You Must Know About Crypto Reporting and Rules in 2025

When you trade or hold cryptocurrency in Taiwan, a jurisdiction that treats crypto as property for tax purposes, not legal tender. Also known as the Republic of China, it doesn’t ban crypto—but it does track it closely. If you’re buying, selling, or earning crypto here, you’re likely subject to crypto taxation, the legal requirement to report digital asset gains as income or capital gains.

Taiwan’s tax system doesn’t have a separate crypto law, but the National Taxation Bureau, the government agency responsible for collecting taxes on income, property, and transactions applies existing rules to digital assets. That means if you sell Bitcoin for NT$100,000 after buying it for NT$60,000, that NT$40,000 profit is taxable as capital gains, the profit made from selling an asset held as an investment. There’s no tax-free threshold—every gain, no matter how small, counts. And if you earn crypto through staking, airdrops, or mining? That’s treated as ordinary income, taxable at your regular income tax rate based on your total earnings. You don’t need to pay until you file your annual tax return, but you must keep records of every transaction: date, amount, value in NT$, and purpose.

Many people assume crypto is anonymous and untrackable, but Taiwan’s tax authority has tools and partnerships with local exchanges to spot unreported activity. If you’re using Binance, KuCoin, or a local platform like BitMEX Taiwan, they’re required to report large transactions. Even if you use a non-Taiwan exchange, the government can still request data from banks or demand proof of source during audits. Failing to report can lead to fines up to 100% of the unpaid tax, plus penalties for late filing. There’s no jail time for simple underreporting, but intentional fraud? That’s a different story.

What’s missing from most guides is the practical side: how to actually file. You don’t need fancy software, but you do need to convert every crypto transaction into NT$ using the exchange rate on the day of the trade. Most people use CoinMarketCap or CoinGecko’s historical prices for this. Then, you sum up your gains and losses and report them under the miscellaneous income section of your tax form. If you’re a frequent trader, you might want to consider registering as a professional—your tax rate could be lower, and you can deduct expenses like trading fees or hardware costs.

There’s no official guidance from Taiwan’s government on DeFi, NFTs, or cross-border transfers yet, but the rules are evolving fast. What’s clear is this: if you’re making money from crypto in Taiwan, the government expects a cut. The question isn’t whether you’ll be taxed—it’s whether you’ll be ready when they ask for it.