Cryptocurrency Q&A
Is moomoo tax free?
Is moomoo tax free?
Caterina
Tue Dec 24 2024
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6 answers
1689
I'm wondering if moomoo is tax-free. I've heard about some investment platforms offering tax-free options, and I'm curious if moomoo falls into that category.
6 answers
TaegeukChampionCourageousHeart
Thu Dec 26 2024
The GST rate applicable to these services is the prevailing rate at the time of the transaction.
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Carlo
Thu Dec 26 2024
Moomoo SG offers services that are taxable under the Goods and Services Tax (GST) regulations.
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GalaxyWhisper
Wed Dec 25 2024
Exchange-related fees, such as those for converting one currency to another, are taxable under GST if applicable to Singapore tax residents.
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HanRiverWave
Wed Dec 25 2024
All relevant fees charged by Moomoo SG, whether domestic or foreign, are subject to GST.
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Valentina
Wed Dec 25 2024
This includes commissions, which are fees charged for executing trades or transactions.
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