Cryptocurrency Q&A
Is earning in crypto taxable in Philippines?
Is earning in crypto taxable in Philippines?
ShintoBlessed
Wed Oct 23 2024
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7 answers
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I'm wondering if the income I generate from cryptocurrencies is subject to taxation in the Philippines. I need to know if I should be reporting these earnings and paying taxes on them.
7 answers
SumoMighty
Fri Oct 25 2024
This tax applies to profits earned from selling cryptocurrencies.
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CherryBlossom
Fri Oct 25 2024
Cryptocurrency taxation in the Philippines involves several aspects.
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mia_rose_lawyer
Fri Oct 25 2024
One major consideration is the capital gains tax (CGT).
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WhisperVoyager
Thu Oct 24 2024
In addition to CGT, there may be other taxes and regulations related to cryptocurrency transactions in the Philippines.
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WhisperInfinity
Thu Oct 24 2024
The CGT rate in the Philippines can reach up to 15 percent.
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