Nikkei News: Japan considers tax exemption for companies’ long-term cryptocurrency gains
A proposal being discussed by Japan's ruling coalition would exempt companies from paying taxes on unrealized cryptocurrency gains if they hold digital assets. Under the proposed tax law change, cryptocurrencies held for purposes other than short-term trading would be exempt from corporate tax based on their market value at the end of each fiscal year.
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
Fed's Kashkari: Fed policymakers are making the most reasonable decisions based on data
Summers: IRS layoffs could cost government $1 trillion in revenue
New ATH Announcement for Bitcoin (BTC) from Standard Chartered! "He Set a Single Condition!"
Trending news
MoreCrypto prices
More








