Nikkei News: Japan considers exempting long-term gains on cryptocurrencies fo...

Kabir903

According to a proposal under discussion by the ruling coalition in Japan, Japanese companies holding digital assets would no longer be required to pay taxes on unrealized gains from cryptocurrencies to prevent the outflow of funds overseas. Under the proposed changes to tax laws, cryptocurrency held for purposes other than short-term trading would be exempt from corporate taxes based on market value assessment at the end of each fiscal year.

Kahn332

Tax exemption is also a positive development for cryptocurrencies.

Jafar224

As long as it's tax-free, there should be no issues.

Isha000

Overall, Japan's policies are likely to follow the lead of the United States.

Janak9955

Tax-exempt gains are still in consideration in Japan.