Japanese Lawmaker Proposes 4 Tax Cuts for Cryptocurrency Users and Traders17.74

A Japanese lawmaker has proposed four changes to Japan’s tax law to benefit crypto users and traders as well as widen the adoption of cryptocurrency in the country. The current tax rate of 55 percent could be lowered to 20 percent while crypto-to-crypto trading and small payments could be exempt from taxation.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

Original source
https://news.bitcoin.com/japanese-lawmaker-tax-crypto-users-traders/

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