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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
