- Taiwan’s Ministry of Finance says sales of virtual assets and stablecoins are exempt from business tax (VAT).
- Fees charged by virtual asset service providers for exchanges and related services are still subject to VAT.
- NFTs are not considered virtual assets under the law, so NFT sales and exchanges remain taxable.
Source: vitallaw.com
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.
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