Japanese authorities attracted attention with the data they shared on cryptocurrency declaration and taxation.
The Japanese National Tax Agency (NTA) published November 24 13 pages The report also included details about cryptocurrencies. NTA 2022 Regarding tax evasion on cryptocurrencies in 615 investigations He reported that he started it. this number 2021 in the year 444 around He was watching. However, 615 investigations initiated 405 tax resulted in the detection of the violation. Again 2021 Tax evasion rate on cryptocurrencies in the country compared to the year increased by 35% happened.
Although the data on tax evasion is negative, tightening regulatory conditions have resulted in more individuals declaring their cryptocurrency assets to the institution. This positive development NTA, who made a statement within the scope of 2021 in the year 245 thousand dollars value of undeclared cryptocurrencies, but by 2022 this number will increase. for 206 thousand dollars He noted that he fell.
NTA and Financial Services Agency (FSA) August In their official statement in June, they announced that citizens will be exempt from capital gains tax on unrealized gains in crypto. This announcement is only for citizens who invest in cryptocurrencies and do not engage in trading such as futures transactions. 35% tax free It means it is held.