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Income tax will apply to NFT transactions: Wong

Megan Cheah
Published Fri, Mar 11, 2022 · 12:50 PM

SINGAPORE'S prevailing income tax rules will apply to transactions of non-fungible tokens, or NFTs, said Finance Minister Lawrence Wong in Parliament on Friday (Mar 11).

In a parliamentary reply to Yio Chu Kang SMC Memb…

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