๐ฏ๐ต Japan Considers 110% Tax on Crypto Assets?$BTC
๐น Finance Minister Speaks Out
Japanese Finance Minister Kato Katsunobu recently addressed the House of Representatives Budget Committee, discussing a potential 110% tax rate on cryptocurrency assets.
๐น Breaking Down the Tax
This staggering rate includes:
โ Inheritance Tax
โ Income Tax
โ Resident Tax
๐น Can It Really Be Enforced?
Under current laws, this tax could be legally applied, raising concerns among crypto investors and traders.
๐ฌ What are your thoughts on this potential tax policy? Let us know below! ๐ #CryptoPatience to #JapanCrypto an #bitcoin in #CryptoTax