Japan plans to exempt long-term corporate holdings of cryptocurrencies from capital gains tax
On December 5th, the Liberal Democratic Party and Komeito held a tax investigation meeting and approved the tax reform requirements of various government departments. The Japanese government and ruling party plan to modify the taxation system for companies holding virtual currencies. For virtual currencies that are held for long-term purposes by corporations other than short-term trading, capital gains tax will be exempted at the end of the term. (Nikkei Asian Review)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve eases restrictions on crypto banking rules

SEC chair outlines plan to revise crypto rules

Trump’s meme token skyrockets 70% after VIP dinner invite
A whale spent over $4 million to buy VIRTUAL, WLD, COOKIE and other tokens
Trending news
MoreCrypto prices
More








