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Japan Financial Regulator Moves To End 'Paper Profits' Tax On Digital Assets

Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets. According to local news outlets, the Agency’s proposal to c...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Japan Financial Regulator Moves To End 'Paper Profits' Tax On Digital Assets
Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets.
According to local news outlets, the Agency’s proposal to change the tax code is in line with several calls by industry executives and observers to make a reform on cryptocurrencies. 
On Aug. 31, the FSA filed a 16-page document that shows a move to scrap the “unrealized gains” tax on digital asset firms. ...
Read More: Japan Financial Regulator Moves To End 'Paper Profits' Tax On Digital Assets

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