Crypto Trading Tax Taiwan: What You Need to Know About Reporting Crypto in Taiwan

When you trade cryptocurrency in Taiwan, a jurisdiction that treats crypto as property, not currency, for tax purposes. Also known as Taiwanese crypto tax law, it requires you to report profits from selling, trading, or using digital assets — just like you would with stocks or real estate. Unlike countries that ban crypto or ignore it, Taiwan’s tax authority, the Ministry of Finance, has clear rules: if you make money from crypto, you owe taxes.

There’s no flat rate. Instead, your crypto gains are added to your overall income and taxed at progressive rates between 5% and 40%, depending on your total yearly earnings. This means a small trade might cost you nothing, but a big sale in 2024 could push you into a higher bracket. You’re not taxed on holdings — only when you sell, swap, or spend crypto. That’s why exchanges like Cryptal Exchange, a Georgia-based platform that lets users trade directly with local currency — even if not based in Taiwan — still matter. If you used one to buy Bitcoin and later sold it for NT$50,000 profit, that’s taxable. Same goes for swapping ETH for SOL, or using DOGECOIN to buy a gift card. The moment you convert crypto to value, the tax clock starts.

Taiwan doesn’t require you to report every tiny transaction, but it does expect you to keep records. That means saving screenshots of trades, wallet addresses, dates, and amounts. Many people forget this until audit season. The government has been watching. In 2024, global crypto seizures hit record levels, and Taiwan is part of that trend. They’re not chasing small traders, but they’re cracking down on unreported income from DeFi platforms, airdrops, and high-volume traders. If you earned Gelato (GEL), a utility token used to automate Ethereum DeFi tasks through yield farming, or got VDR, a token distributed in a CoinMarketCap airdrop for livestream creators for free — those have value on the day you receive them, and that value is taxable income.

There’s no official crypto tax software approved in Taiwan, so most people use spreadsheets or export data from exchanges. If you’re unsure, consult a local accountant who’s handled crypto before. Don’t assume that because a platform like OraiDEX, an AI-powered decentralized exchange on Cosmos doesn’t send you a 1099, you’re off the hook. Taiwan’s rules don’t rely on third-party reporting — you’re responsible. The good news? You can deduct trading fees, wallet costs, and even software subscriptions if they’re directly tied to your crypto activity. Just keep receipts.

What you’ll find below are real, practical guides that tie directly into Taiwan’s crypto tax reality. Some explain how airdrops like VDR or SHO trigger income tax. Others break down how DeFi platforms like OpenLeverage or Aura Finance create taxable events. There are warnings about scams that pretend to be compliant, and deep dives into how exchanges like ByBit or Cryptal handle user data. You won’t find fluff. Just what you need to file correctly — and avoid penalties.