Taiwan Exempts Virtual Asset Sales from Business Tax

Taiwan’s Ministry of Finance said business sales of virtual assets and stablecoins are not subject to business tax (VAT).
The interpretation aligns tax treatment with the new Virtual Asset Service Act and international practice.
Fees/commissions charged by virtual asset service providers for exchange services are still taxable.
NFTs are not covered by this exemption and remain subject to business tax when sold or exchanged for goods/services.

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.