News with the tag "Japan Crypto Tax Reform"

The Liberal Democratic Party (LDP) of Japan is advocating for a significant overhaul of the country’s cryptocurrency tax policy. According to reports by CoinPost and Japanese media outlets, the proposed reform includes a reduced, separate tax rate of 20% on cryptocurrency trading profits and the int...

Japan Moves to Reform Cryptocurrency Taxation Policy In a significant move to boost its cryptocurrency industry, the Japanese government has announced plans to reform its current cryptocurrency taxation policies. The proposed changes aim to reduce the tax burden on investors and foster innovation in...