"reclassify crypto under Japan's financial instruments and exchange act and you know what that would mean no more taxing crypto gains as miscellaneous income at up to 55% instead gains would be taxed at 20% in line with other Financial assets and losses would finally be tax deductible too"
By Coin Bureau | December 19, 2024 | Pending
From video
This $130 Billion Crypto Pump Could Start in Japan! 00:17:33 - 00:17:56
Interpreted Prediction
Crypto gains in Japan are expected to be reclassified under the Financial Instruments and Exchange Act, leading to a 20% tax rate (down from 55%) and tax deductibility for losses.

Prediction Details

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