I agree with what @mirakal just said na ang dapat patawan ng tax ay ang mga exchanges or the companies like coins.ph as they are the median on where we get our income from crypto. Getting some tax over every transactions from every individual will really benefit the government that much at yung na gain na tax saan naman nila gagamitin, if ever sa ikabubuti ng crypto industry dito sa Pinas then I have no grudge para dyan.
Hope that the government will give us the specific details how they'll entitled giving tax over crypto.
Sa ngayon tax free pa talaga sya even on stock market, so habang tax free pa sya enjoy lang muna naten and wag tayo masyadong mapressure kase ok naman ang government naten wag lang basta basta magtitiwala. Sa coins.ph wala naman tax na binabawas aside from their own fees and rates, and even banks kahit na alam nila na galing ito sa coins.ph wala naman silang binabawas so meaning we are still free from paying taxes.
I don't know if it's tax free, and I don't take about stocks as I am only more active in crypto trading and other means of earning money in crypto.
There's only no clear regulation about crypto income tax but as a general rule, if you earn you have to pay taxes of what you earn, but as long as there's no proper procedures to remit, I think we can use it as an excuse.