Crypto tax in Singapore
Rules verified in September 2026.
Short term
0% (private investor)
Long term
0% (private investor)
Threshold
None
Annual allowance
Not applicable
Cost method
Not applicable (no capital gains tax)
Legislation
Income Tax Act 1947; IRAS e-Tax Guide "Income Tax Treatment of Digital Tokens" (2026)
In short
Singapore has no capital gains tax (CGT). For private investors, crypto gains are generally exempt from tax. If trading is considered a regular business activity, profits may be taxed as business income. The MAS has one of the most advanced crypto regulatory frameworks in Asia.
Key points
- 0% capital gains tax for private investors
- MAS regulates exchanges via the Payment Services Act
- Very favorable environment for crypto and Web3 companies
- Habitual trading (badges of trade) = income taxed on the progressive scale (up to 24%)
- GST: exchanging crypto for fiat or crypto is exempt since 2020; only fees and services pay 9%
- If taxable, IRAS accepts FIFO or average cost (not LIFO)
Frequently asked questions
How much tax do you pay on crypto in Singapore?
0% (private investor). Singapore has no capital gains tax (CGT). For private investors, crypto gains are generally exempt from tax. If trading is considered a regular business activity, profits may be taxed as business income. The MAS has one of the most advanced crypto regulatory frameworks in Asia.
Is there an annual allowance on crypto gains in Singapore?
There is no crypto-specific annual allowance on capital gains in Singapore.
Which method is used to match buys and sells?
It depends on the country: FIFO (the first unit bought is the first sold) in Portugal, Spain, Germany or Belgium; weighted average cost in France, Luxembourg or Brazil; LIFO in Italy; the Section 104 pool in the UK. ChainFolioAI applies the chosen country's method to your history (in some countries with a simplification, stated on this page) and exports the result.
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under the country's method (FIFO, average cost, LIFO…), convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing. ChainFolioAI is not an exchange or a crypto-asset service provider and does not report your data to any tax authority: reporting duties (DAC8, CARF) fall on exchanges. The reports you export are yours alone.