Crypto tax in Singapore
Singapore is crypto-friendly.
Treatment
taxed as ordinary income
Long-term
Tax-free
Headline rate
24%
For an individual relocating to Singapore, occasional buy‑and‑hold crypto gains are not taxed, but if your activity amounts to trading or a crypto business, profits are taxed as income at progressive rates up to about 24%.
“The tax treatment of transactions involving digital tokens (including cryptocurrencies) will depend on the purpose for which you are acquiring or using the digital tokens. Gains from the trading of digital tokens are taxable, while gains derived from the disposal of digital tokens that are capital in nature are not taxable.” — Inland Revenue Authority of Singapore (IRAS)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.