Administrative concessions and the efficient taxation of digital tokens in Singapore

• Main Author: OOI, Vincent
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: digital tokens; cryptocurrencies; taxation law; revenue law; tax administration; Asian Studies; Banking and Finance Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/4308; https://ink.library.smu.edu.sg/context/sol_research/article/6266/viewcontent/Administrative_Concessions_and_the_Efficient_Taxation_of_Digital_Tokens_in_Singapore.pdf
• Institution: Singapore Management University

Tax authorities around the world have stepped-up enforcement activities on the taxation of digital tokens and begun providing more guidance to taxpayers. However, the relative novelty of the field means that there is likely to be considerable uncertainty as to the correct tax treatment, both on the...