BTC Sailing to Singpore shores

The Internal Revenue Authority of Singapore (IRAS) has published new crypto tax guidelines indicating a tax exemption for hard forks and airdrops. Also, the guide outlines Singapore’s tax treatment scheme for digital tokens and securities. IRAS Guide on Digital Tokens and ICOs Singapore’s tax office has issued revised policies regarding the taxation of digital tokens

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Source and More information: Singapore: No Income Tax on Cryptocurrency Airdrops and Hard Fork Tokens, IRAS Says

Author: BTCManager.com