Any change might lead to the highest-earning crypto holders paying a lower rate of tax. The country currently taxes crypto profits as income, which can be as high as 45% for people earning over 40,000,000 yen ($276,000). Capital gains from sales of securities such as shares face a flat rate of 20%.
Related posts
-
Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB
Este artículo también está disponible en español. Leading Swiss bank Zurich Cantonal Bank is the latest... -
In Trump-Backed Crypto Project World Liberty Financial (WLFI), Insiders Are Poised for Unusually Big Paydays
Though the Trump family appears to have been heavily involved in the promotion and inception of... -
The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion
According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar...