Japan

Japanese crypto tax

Japanese leader to lower crypto taxes if elected

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), has pledged to lower taxes on cryptocurrency gains if elected. Tamaki’s plan proposes a flat 20% tax on crypto earnings, aligning it with stock market profits, instead of the current system where crypto is taxed as miscellaneous income. He called on voters through a …

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