POPA Recon💰 Nippon recognizes cryptocurrency as a financial asset and applies a single tax rate of 20%
💰 Nippon recognizes cryptocurrency as a financial asset and applies a single tax rate of 20% Originally, up to 55% of the income was counted as other income, so I think this would be good news for Japanese people. I had a chance to meet a Japanese crypto friend, so I asked him what he would think if taxation was introduced, and he said that they were losing their minds because they were trying to explain and prove things one by one. It's our future...
The excerpt is quoted from a public Telegram channel, which owns its text.