Singapore Crypto Tax Guide
Complete guide to cryptocurrency taxation in Singapore. Updated for 2026 with the latest IRAS (Inland Revenue Authority of Singapore) requirements.
Singapore Crypto Tax Rules
How cryptocurrency is taxed by the IRAS (Inland Revenue Authority of Singapore)
Crypto classified as intangible property
No capital gains tax for individual investors - TAX FREE
Business income from trading taxed at corporate rate of 17%
Crypto spending treated as barter trade
Mining and staking may be taxable if conducted as business
Popular jurisdiction for crypto exchanges
Classification as personal vs business activity is key
Why Use Crypto Tax Software
How the Best Platforms Help Singapore Investors
Tailored features that make Singapore crypto tax reporting effortless
IRAS (Inland Revenue Authority of Singapore)-Ready Reports
Generate tax reports that comply with Singapore'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 SGD trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy IRAS (Inland Revenue Authority of Singapore) requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Singapore tax burden.
Compare Crypto Tax Platforms for Singapore
Find the best software for your Singapore 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 Singapore crypto tax filing
Required Forms
What to Look for in Singapore Crypto Tax Software
Key features that make crypto tax reporting easier for Singapore investors
Transaction tracking for record keeping
Business vs personal activity classification
SGD-based reporting
Singapore exchange integrations
Complete transaction history
Audit-ready documentation
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Singapore Investors
The features that make Awaken stand out for Singapore 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.
IRAS (Inland Revenue Authority of Singapore) Compliant
Generate reports that meet Singapore's specific tax requirements with complete confidence.
Ready to file your Singapore crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Singapore tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Singapore
Do I have to pay taxes on crypto in Singapore?
Yes, cryptocurrency is generally taxable in Singapore. The IRAS (Inland Revenue Authority of Singapore) 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 Singapore?
Tax rates vary based on your income level and how long you held the crypto. Crypto classified as intangible property Check the tax rules section above for specific rates.
When is the crypto tax deadline in Singapore?
The main tax filing deadline in Singapore is April 15 - Individual income tax filing deadline.
What is the best crypto tax software for Singapore?
Awaken Tax offers full support for Singapore crypto tax reporting, with automatic calculations and IRAS (Inland Revenue Authority of Singapore)-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Singapore?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Singapore. Each trade may trigger a capital gain or loss that needs to be reported to the IRAS (Inland Revenue Authority of Singapore).