Taiwan considers taxing income from cryptocurrency trading

Odaily News According to CNA, Taiwan's "legislators" today expressed their concerns about the taxation of cryptocurrency in Taiwan. Minister of Finance Zhuang Cuiyun said that the profits from related transactions will be subject to income tax, and the audit will be further studied; 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.