Tax Map · Crypto tax rankings

Crypto tax in Malaysia

Malaysia is crypto-friendly.

For an individual relocating to Malaysia, private buy‑and‑hold or infrequent investment disposals of crypto are generally not taxed, but if your activity amounts to trading or business, profits are taxed as income at normal progressive rates up to 30%.

“A person who actively trades digital currency may be deemed as generating income from such activity. Therefore, the profits derived from such digital currency trading will be subject to tax.[5] ... Gains / losses from the disposal of digital currency or digital tokens of a trading nature will be taxable / allowable as deduction.[5] ... Therefore, any capital gains from the disposal of digital currency that are not revenue income under paragraph 4(a) of the ITA 1967 will not be subject to CGT.[5] ... The mere disposal of digital currency held as an investment is deemed as a realisation of the investment. Therefore, the income received is not taxable.[5]” — Lembaga Hasil Dalam Negeri Malaysia (Inland Revenue Board of Malaysia)

Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.