Policy & Legal Updates
No Capital Gains Tax Does Not Mean Crypto Profits Are Tax-Exempt
An analysis published by TechFlow clarifies that the absence of capital gains tax does not make cryptocurrency profits universally tax-exempt. In the UAE, qualifying personal investment gains remain exempt, but business activities with annual turnover exceeding AED 1 million enter the corporate tax net, where profits above AED 375,000 face a 9% rate. Globally, tax liabilities depend heavily on income classification between personal holdings and active commercial trading.
