Philippines Crypto Tax Guide
Complete guide to cryptocurrency taxation in Philippines. Updated for 2026 with the latest Bureau of Internal Revenue (BIR) requirements.
Philippines Crypto Tax Rules
How cryptocurrency is taxed by the Bureau of Internal Revenue (BIR)
Crypto gains taxed as capital gains or ordinary income
Progressive income tax rates from 0% to 35%
First 250,000 PHP of income is tax exempt
Mining and staking rewards taxed as ordinary income
Crypto-to-crypto trades are taxable events
BSP has issued Virtual Currency Exchange licensing framework
CEZA offers special economic zone benefits for crypto businesses
Why Use Crypto Tax Software
How the Best Platforms Help Philippines Investors
Tailored features that make Philippines crypto tax reporting effortless
Bureau of Internal Revenue (BIR)-Ready Reports
Generate tax reports that comply with Philippines's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your PHP trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Bureau of Internal Revenue (BIR) requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Philippines tax burden.
Compare Crypto Tax Platforms for Philippines
Find the best software for your Philippines crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for Philippines crypto tax filing
Required Forms
What to Look for in Philippines Crypto Tax Software
Key features that make crypto tax reporting easier for Philippines investors
Full Philippines tax support with PHP calculations
Automatic progressive rate calculation (0-35%)
Tax-exempt threshold tracking
Support for Philippine and international exchanges
BIR-compliant documentation export
Mining and staking income categorization
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Philippines Investors
The features that make Awaken stand out for Philippines crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Bureau of Internal Revenue (BIR) Compliant
Generate reports that meet Philippines's specific tax requirements with complete confidence.
Ready to file your Philippines crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Philippines tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Philippines
Do I have to pay taxes on crypto in Philippines?
Yes, cryptocurrency is generally taxable in Philippines. The Bureau of Internal Revenue (BIR) considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in Philippines?
Tax rates vary based on your income level and how long you held the crypto. Crypto gains taxed as capital gains or ordinary income Check the tax rules section above for specific rates.
When is the crypto tax deadline in Philippines?
The main tax filing deadline in Philippines is April 15 - Annual income tax filing deadline. There may also be other important dates such as April 15 for Corporate tax filing deadline.
What is the best crypto tax software for Philippines?
Awaken Tax offers full support for Philippines crypto tax reporting, with automatic calculations and Bureau of Internal Revenue (BIR)-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Philippines?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Philippines. Each trade may trigger a capital gain or loss that needs to be reported to the Bureau of Internal Revenue (BIR).