Crypto Tax Scenario Estimator
Demonstrates tax items worth checking across 6 jurisdictions (HK / TW / SG / US / UK / AU) using simplified assumptions. Educational reference only — this is not tax advice.
⚠️ Important: This tool is for educational purposes only and is not a substitute for professional tax advice. Local tax rules are nuanced (cost-basis method, short- vs long-term holding, loss offsetting, FX conversion, etc.) — you must consult a locally licensed tax professional before filing. FeeRadar accepts no liability for the calculated results.
📊 Simplified scenario result
Capital gain (Revenue − Cost)
$ 5,000.00
Illustrative tax rate
0%
Illustrative estimated tax
$ 0.00
📖 Hong Kong tax overview
Hong Kong's tax treatment depends on factual indicators of investment-holding vs trading frequency, business purpose and nature of income. Always defer to the latest IRD guidance and your licensed tax professional. See the IRD Digital Assets page.
Six-jurisdiction comparison table
| Jurisdiction | Key items to check | Common factors | Official source |
|---|---|---|---|
| 🇭🇰 Hong Kong | Investment holding vs trading activity | Trading frequency, purpose, records | IRD |
| 🇹🇼 Taiwan | Income classification & filing obligations | Income nature, frequency, amount | Ministry of Finance |
| 🇸🇬 Singapore | Investment vs business income classification | Frequency, holding period, purpose | IRAS |
| 🇺🇸 United States | Digital-asset reporting, cost basis, foreign accounts | Holding period, income type, form requirements | IRS |
| 🇬🇧 United Kingdom | Capital gains, income classification, allowance | Disposal, cost pool, income nature | HMRC |
| 🇦🇺 Australia | CGT, discount eligibility, record-keeping | Holding period, use, personal marginal rate | ATO |
Common taxable events (filing checklist)
- Spot buy/sell: sale proceeds − cost basis = taxable gain
- Crypto-to-crypto trades: typically treated as "sell A + buy B", two taxable events (in most jurisdictions)
- Staking rewards: recognized as income at fair market value on receipt; a subsequent sale triggers a separate capital-gain event
- Airdrops: recognized as income at fair market value on receipt
- Mining: usually treated as business income or miscellaneous income
- NFT trading: typically treated like any other crypto disposal
- DeFi yield: complex — liquidity providing, yield farming and lending interest each follow different rules
⚠️ Full disclaimer
This tool is written from public tax sources and may be outdated or inaccurate. FeeRadar is not a licensed tax-advisory firm, and the output does not constitute tax advice.
Before filing, consult a locally licensed professional (HK CPA / TW CPA / SG ACRA-registered firm / US CPA / UK ACA/ACCA / AU CA/CPA). FeeRadar accepts no liability for filing errors or penalties resulting from reliance on this tool.
Sources: each jurisdiction's official tax authority. Tax law evolves — the simplified assumptions here may become outdated.
This tool is written from public tax sources and may be outdated or inaccurate. FeeRadar is not a licensed tax-advisory firm, and the output does not constitute tax advice.
Before filing, consult a locally licensed professional (HK CPA / TW CPA / SG ACRA-registered firm / US CPA / UK ACA/ACCA / AU CA/CPA). FeeRadar accepts no liability for filing errors or penalties resulting from reliance on this tool.
Sources: each jurisdiction's official tax authority. Tax law evolves — the simplified assumptions here may become outdated.