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Japanese Finance Minister opposes adjusting tax rates for cryptocurrencies

Japanese Finance Minister opposes adjusting tax rates for cryptocurrencies

Why doesn’t Taso Aso accept the tax breaks for cryptocurrencies in Japan? Japanese Finance Minister Taro Aso indicates a reluctance to support legislation for taxing cryptocrrency income the same as stocks. Aso’s unwillingness to lower the tax rate on cryptocurrencies to a flat 20% is based on the concern that it is difficult for many households to invest in digital assets.







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