Bhutan
A USDC profit-share is business income under Bhutan's PIT (0-30% progressive, Nu 300,000 exempt), with the old flat 30% BIT replaced from 1 Jan 2026. The main friction is legally converting and banking the USDC rather than the income classification.
Self-employment / business income; from 1 Jan 2026 the old flat 30% Business Income Tax is abolished and sole-proprietor profit is taxed under Personal Income Tax; NOT capital gains.
Progressive 0-30% (2026 schedule: exempt up to Nu 300,000; 5% to 30% above Nu 3.5M).
National Pension & Provident Fund mandatory only for formal employment; a voluntary self-employed PF scheme exists but is not compulsory.
Register with the Department of Revenue & Customs and file PIT annually; no special micro/freelancer flat regime.
Restricted: crypto exchange permitted only for entities registered in Gelephu Mindfulness City; no retail trading and no crypto-specific tax, so a USDC payout is declared as PIT business income.