
Singapore enacts CARF crypto tax rules, first data exchange in 2028
- —CARF rules take effect in Singapore on Jan. 1, 2027
- —First exchange of 2027 data is slated for 2028
- —Reporting providers must register with IRAS by March 31, 2028
- —Annual returns are due by May 31, starting with the 2027 year
Why it matters: Singapore is among the first in Asia to make CARF enforceable, accelerating tax transparency in crypto and pressure on offshore venues.
Source: ChainCatcher 链捕手