Cryptocurrency Taxation in Taiwan

When you trade, earn, or hold cryptocurrency, digital assets like Bitcoin and Ethereum that are recorded on decentralized ledgers. Also known as digital currency, it is treated as property under Taiwan’s tax code—not as money. This means every sale, swap, or even spending crypto triggers a taxable event. Unlike countries that ignore crypto or tax only income, Taiwan’s tax authority, the Ministry of Finance, tracks every transaction you make through exchange records and blockchain analysis tools.

If you bought Bitcoin in 2023 and sold it for a profit in 2024, that gain is taxable. Same goes for trading Ethereum for Solana, or receiving tokens from an airdrop. Even if you didn’t convert crypto to New Taiwan Dollars, the IRS-style rules apply: the value at the time of the transaction is what matters. The Taiwan crypto tax, the official framework for taxing digital assets under Taiwan’s Income Tax Act requires you to report these gains as capital income. No exceptions. No gray areas. And unlike some countries, Taiwan doesn’t offer a tax-free threshold for small trades—you owe tax on every profitable move, even if it’s just $50.

What about staking rewards or DeFi yields? Those count as ordinary income, taxed at your personal rate when you receive them. If you got 0.5 ETH from staking in January and it was worth $1,200 then, that $1,200 is taxable income—even if you never sold it. Airdrops? Same rule. If you claimed APENFT tokens in 2025 and they were worth $200 when they hit your wallet, that’s income. The crypto reporting Taiwan, the process of documenting and submitting digital asset transactions to Taiwan’s tax authorities isn’t optional. The government now cross-references data from local exchanges like MEXC and Changelly Pro with bank records and blockchain analytics. Failing to report can mean fines up to 100% of the unpaid tax, plus criminal penalties if they suspect fraud.

And here’s the catch: you’re responsible for tracking every single transaction. If you used multiple wallets, swapped on decentralized exchanges, or moved coins between platforms, you need records. No one is going to send you a 1099 form. You have to build your own ledger. Many people use tools like Koinly or CoinTracker, but Taiwan doesn’t require specific software—just accurate, clear records. Keep dates, amounts, values in NT dollars at time of transaction, and wallet addresses. If you’re audited, your spreadsheet better match your blockchain history.

There’s no amnesty. No quiet period. Taiwan’s tax rules are strict, and enforcement is getting tighter. The same government that cracked down on unlicensed exchanges like Blockfinex and SkullSwap is now pushing for full crypto transparency. If you’re trading, earning, or holding crypto in Taiwan, you’re not invisible. You’re on the radar.

Below, you’ll find real guides that break down exactly what’s required—how to calculate your tax liability, how to handle airdrops like APENFT or MDX, how to avoid scams that pretend to "help" you file, and what happens if you ignore it. No theory. No fluff. Just what you need to stay compliant—and keep your money.