What documents do I need to report my cryptocurrency earnings to the Singapore tax authorities?

1 answers

• Ganesh ReddyOct 10, 2024 · a year ago
  To report your cryptocurrency earnings to the Singapore tax authorities, you will need to gather specific documents. These documents include a comprehensive record of all your cryptocurrency transactions, including the dates, amounts, and values of the cryptocurrencies involved. It's also important to keep track of any fees or commissions paid during these transactions. Additionally, you should maintain documentation of any gains or losses you have made from your cryptocurrency investments. This can include records of the purchase and sale of cryptocurrencies, as well as any relevant documents that show the value of the cryptocurrencies at the time of the transactions. By having these documents ready, you can ensure a smooth and accurate reporting process.
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