Tax rate for cryptocurrency

tax rate for cryptocurrency

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In general, there is a blurry line between trading and capital gains taxes in Singapore.

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  • tax rate for cryptocurrency
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    calendar_month 10.08.2020
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As a result, an ICO is not permitted. Similar to other assets, your taxable profits or losses on cryptocurrency are recorded as capital gains or capital losses. We also reference original research from other reputable publishers where appropriate. What if I sold cryptocurrency for a loss?