Scan to download
Download APKChina has no specific cryptocurrency tax regulations as of 2026. This creates a legal gray area: trading is restricted but personally holding crypto is not explicitly criminalized. Courts recognize crypto as having property value.
| Activity | Theoretical Tax | Rate |
|---|---|---|
| Selling at profit | Personal income tax (property transfer) | 20% |
| Mining income | Personal income tax (occasional income) | 20% |
| P2P spread profit | Personal income tax (business income) | 5-35% |
| Holding (no sale) | No tax event | 0% |
Calculation: Taxable income = Sale price - Purchase cost - Transaction fees
Example: Buy BTC at 30,000 CNY, sell at 100,000 CNY → (100,000-30,000) × 20% = 14,000 CNY theoretical tax
Theoretically yes (20% on profits), but no specific rules or enforcement against individuals exist yet.
No specific provisions for crypto loss deductions. No implementation rules exist.
Theoretically yes. But USDT's stable value means less realized gains for most uses.
Theoretical: Sale value - Purchase cost - Fees. Convert to CNY at actual transaction exchange rate.
Explain as 'personal investment gains' and provide transaction records proving legitimate sources.
No framework exists for crypto charitable donations in China.
Theoretically yes (20% occasional income tax), but China has banned mining, making this largely theoretical.
No timeline available. Guidelines unlikely before broader policy changes.
No current reporting requirements for holding. Tax events generally occur upon sale/realization.
Keep complete records. This allows accurate calculation of actual taxable gains, avoiding over-taxation.
If annual profits exceed 100,000 CNY, consider consulting a tax professional knowledgeable about crypto.
Sign up with referral code BNAPP for lifetime fee rebate