Post
Topic
Board Other languages/locations
Re: Singapore
by
sauteedcat
on 29/01/2014, 13:23:03 UTC
Is there any GST or additional tax that will be charged to the person buying/selling bitcoins on a local exchange?

I'm not 100% sure, but from the guidance it seems that if you are a GST registered person (i.e. company?), then the BTC you sell in Singapore, be it through and exchange or in person, is GST taxable on the full amount (BTC value + commission).

Proper local exchanges will only be charged GST on their commission.