Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset

Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset

15
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Japan's Financial Services Agency said it may be worth taxing crypto as a financial asset. The country currently taxes crypto profits as income, which can result in a 45% tax rate for high earners. Capital gains from sales of financial securities face a flat rate of 20%.

Japan's Financial

Read More https://www.coindesk.com/policy/2024/09/04/japans-financial-regulator-mulls-taxing-crypto-as-a-financial-asset/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Japans Financial Regulator Mulls Taxing Crypto as a Financial Asset" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY