#数字货币市场回调 Japan is going to cut into the encryption tax system!
According to the latest news from Nikkei, the Japanese government is promoting a reform of the cryptocurrency income tax rate—uniformly taxing at 20%, which aligns the rate completely with that of stocks and funds.
The intention behind this is very clear: to lower the tax threshold for encryption transactions and stimulate the activity of the local market. Previously, Japan imposed a progressive tax rate on encryption gains, which could go up to 55%, directly forcing a large number of traders to overseas platforms.
If this reform is implemented, the liquidity of these mainstream cryptocurrencies in the Japanese market, $BTC , may experience a surge. This could be a significant variable for the encryption landscape in the Asian region.
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AirdropSweaterFan
· 7h ago
Damn, 20%? Japan finally remembered us. That 55% tax rate was really outrageous.
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ZenZKPlayer
· 12-02 09:12
What the hell, cutting directly from 55% to 20%? Japan has finally woken up, and they no longer want to drive traders overseas.
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MidnightGenesis
· 12-02 09:10
The on-chain data hasn't reacted yet, we need to wait for the contract deployment confirmation regarding the tax reform news from Japan... The 20% figure is interesting and worth monitoring the inflow situation of the exchange.
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RetailTherapist
· 12-02 09:09
Reducing from 55% to 20%, Japan really wants to retain retail investors, the previous tax rate was indeed outrageous.
#数字货币市场回调 Japan is going to cut into the encryption tax system!
According to the latest news from Nikkei, the Japanese government is promoting a reform of the cryptocurrency income tax rate—uniformly taxing at 20%, which aligns the rate completely with that of stocks and funds.
The intention behind this is very clear: to lower the tax threshold for encryption transactions and stimulate the activity of the local market. Previously, Japan imposed a progressive tax rate on encryption gains, which could go up to 55%, directly forcing a large number of traders to overseas platforms.
If this reform is implemented, the liquidity of these mainstream cryptocurrencies in the Japanese market, $BTC , may experience a surge. This could be a significant variable for the encryption landscape in the Asian region.