facebookWill there be income tax on crypto that you receive as part of your salary? - Seedly

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Anonymous

12 Sep 2022

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Cryptocurrency

Will there be income tax on crypto that you receive as part of your salary?

Discussion (3)

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  • Last time, i was given shares. When i quit, mandatory to sell all the shares.
  • When is converted to real money, the money payout as a salary. Only then i pay tax and cpf
  • But when u sell your crypto the $$$ will appear in your payslip? Else nobody can track.

If it's a part of your compensation, then yes it should be taxed as well, similar to how stock compensation is also taxed

Ka Yan

12 Sep 2022

User Researcher at Seedly

I would assume yes if your company included it in your salary and gave you CPF contributions from th...

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