Skip to content

About us

eCounsel group

A boutique firm with unparalleled expertise in business and technology. We have good command of industrial ecology and legal practice, and have undertaken highly regarded cases. Because the small business scope, we pay more emphasis on effectiveness and efficiency, and choose clients with deliberation. The managing partner not only has extensive experiences in various legal issues more over than 20 years, but invests and manages several technology companies. In addition, he always checks each case rigorously. Clients’ business objectives are our primary focus. To achieve the same in the most cost-effective fashion trumps all seemingly sophisticated legal discussions.

Crypto Tax Worldwide

2018 - 07 - 26

Bitcoin value surpassed gold for the first time in March, 2017, since then, the price of bitcoin continued to soar thru the remaining year of 2017 (all-high at $19,665), but fell drastically overall in 2018 (now at $8,197). The volatile value of bitcoin has made many millionaires and even billionaires. That being said, the government is not going to neglect these “unreported” assets and income, and many countries are now setting up guidance to the new tech-based source of income and asset.

The National Taxation Bureau of Taiwan treats cryptocurrency similar to virtual gifts in online gaming activities. If the trades result in over $80,000 NTD monthly sales, trader will be required to do tax registration and pay business tax. However, if the monthly sales is less than $80,000 NTD, or seen as non-recurring transactions,  the profit will be treated as incidental trading activities. That being said, the National Taxation Bureau has not taxed anyone yet in regards to crypto income.

The U.S. IRS treats crypto as property for federal tax purposes, therefore, general rules for property transactions applies to the transactions of crypto. If you sold your crypto and made profit, you need to tell the IRS and pay capital gains tax. Just earlier this year, the IRS ordered crypto exchange Coinbase to hand over about 13,000 customers’ data to the IRS. These 13,000 customers are the ones that completed more than $20,000 worth of transactions in a single year on Coinbase.

The Australian Taxation Office sees Bitcoin as neither money nor Australian/Foreign currency. ATO treats it as property and is an asset for capital gains tax (CGT) purposes. A CGT event occurs when someone dispose his/her crypto. (e.g. sell, trade, exchange crypto, convert it to fiat, use it to obtain goods or services)

The IRS and ATO shares similiar practice in regards to crypto taxation. In contrast, the German Federal Ministry of Finance announced that it would not tax crypto when they are used for payment purposes.

“Virtual currencies (cryptocurrencies, e.g., Bitcoin) become the equivalent to legal means of payment, insofar as these so-called virtual currencies of those involved in the transaction as an alternative contractual and immediate means of payment have been accepted and no other purpose serve as a means of payment,” the ministry explained (as translated by ETHNews).


  1. 數位貨幣,該課什麼稅?
  2. German Federal Ministry of Finance issues cryptocurrency tax guidance
  3. Tax treatment of cryptocurrencies
  4. IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property Transactions Apply

Recommended article 

Class-Action Suit Against Uber

To many, Uber is sleek and convenient, but this is not about the service itself. We would like to discuss its “class”. 對很多人來說,Uber的服務很方便也很新潮,但本文並不打算評價Uber服務本身好壞,我們想要談談這世上最有錢(當然是創投砸的)新創公司的「格調」。 目前,Uber的司機數已達三十萬人。在他們的簽訂的工作合約中,Uber規定: 1. 不准去法院告Uber,有問題只准提仲裁 2. 不准聯手其他司機對Uber提出集體訴訟 Technicality Ties Up Uber Technologies In the agreement…

The Dignity Gap Sends Trump to White House

On election night, 11/8, Trump had been in the lead all along the night, taking the crucial swing states like Florida, Ohio, North Carolina, and eventually won the election with 289 electoral votes, becoming the 45th…

Internal Auditing Staff Unqualified

Guess what’s the average salary for an internal auditor? And what’s the reasonable salary for the position? 請讀者猜猜看稽核人員的平均月薪資是多少?再請讀者猜猜看,要找到真正適任的稽核人員(適任之標準請參考以下說明)合理的月薪又是多少? 由於稽核人員之日常作業其獨立性很高且必須獨立就受查單位完成稽核報告(或初稿),所以公司裡面的稽核人員不能只有少數一兩位,而是應該要每一個稽核人員都要具備以下的專業能力與人格特質。 最理想的稽核人員必須具備之專業能力有幾大面向1 (1) 學經歷與專業證照 內部稽核是一個跨領域的工作,而且內部稽核人員又必須時常應付多變的環境,教育程度是一個稱職的稽核人員不可或缺的基礎條件。另外,越來越多的企業在僱用內部稽核人員時會要求相關的專業證照如內部稽核師、電腦稽核師及會計師等。 (2) 超然獨立與積極態度 內部稽核人員由於其肩負發現組織缺失並且改善的職責,必須具備正直的人格,而且維持其超然之獨立性,這兩點都對於稽核部門的整體工作品質有非常大的影響,所以稽核人員執行職務必須勿枉勿縱並且不受威脅、利誘。當然,內部稽核單位在組織當中的地位越高,越容易維持其獨立性。 (3) 公司營運流程及知識 內部稽核人員既然必須查核企業內的各種活動是否按照既定計畫執行,當然必須對企業內的所有營運流程有相當廣泛且深入的認識,包括企業政策、文化、環境及整體營運流程,否則將無法勝任此工作。 (4) 溝通協調與人際關係 內部稽核部門需要有良好的溝通能力。有良好的溝通能力才能與受稽核的單位建立互信、無衝突的夥伴關係,有助於內部控制制度上缺失的發現與改善,除此之外內部稽核單位與管理階層及董事會間溝通也須仰賴良好溝通技巧,方能使上級即時接收企業內的制度缺失並且予以改善。 (5) 稽核相關專業知識及技能 審計、法規、財務、會計、資訊科技都是內部稽核人員從事職務時需要具備的相關專業知識。 (6)…