Taiwan's Ministry of Finance has issued a formal ruling spelling out how business tax applies to cryptocurrencies. According to the Central News Agency, the ministry's directive says the sale of virtual assets—as defined by the Virtual Asset Services Act—and stablecoins is not subject to business tax.
The ministry said virtual assets such as Bitcoin and Ethereum, along with stablecoins, are basically payment tools or investment instruments (like savings or value storage), not consumption. So their transfer sits outside the scope of business tax. That matches how multiple countries handle it, including the UK, Germany, Canada, Japan, Singapore, Australia, South Korea, and Indonesia.
But the exemption only covers the sale and transfer of the assets themselves. Service fees and transaction commissions charged by virtual asset exchanges are still taxable. And non-fungible tokens (NFTs) are not included in the exemption and still face business tax when sold. The ministry also reminded businesses that if they previously failed to report taxable transactions, they can voluntarily file and pay the taxes (plus interest) before being reported or investigated, which may spare them penalties.
The ruling gives Taiwan's crypto industry clarity it has badly needed, after a long stretch of uncertainty over business tax obligations. ABMedia has previously put together detailed guides on Taiwan's 2026 crypto tax filing requirements and the progress of the Financial Supervisory Commission's nine sub-laws for virtual assets, which are expected to take effect in Q1 of next year.