Taiwan considers taxing income from cryptocurrency transactions

According to CNA, Taiwanese legislators are concerned about the taxation of cryptocurrencies in Taiwan today. Minister Zhuang Cuiyun of the Ministry of Finance stated that profits from related transactions will be subject to income tax, and further research will be conducted on the audit aspect; The Director of Taxation, Song Xiuling, said that the tax department currently has audit tools available to examine the trading of digital goods, and promised to study the relevant taxation methods for cryptocurrency trading income within three months.