Revenue or remuneration received in the form of virtual currencies, such as Bitcoins, is subject to normal income tax rules. If the receipt is revenue in nature, it will be taxable; if it is capital in nature, it will not be taxable.
In Singapore, is property tax based on purchase price?
What happens if you can’t pay property tax in Singapore?
When are corporate income tax returns due in Singapore?
Why you should outsource your bookkeeping in Singapore?
Who pays for Goods and Services Tax (GST) in Singapore?
How long do you have to pay property taxes in Singapore?
Where to file small business taxes in Singapore?
Are business moving expenses tax deductible in Singapore?
When performing bookkeeping procedures in Singapore?
What is the difference between payroll tax vs income tax in Singapore?