Tag: taxation

Japanese Lawmakers Consider Exempting Bitcoin From Consumption Taxes

Japanese lawmakers recently proposed an amendment that would classify digital currencies as legal tender. However, the taxation of digital currencies in the country remains a thorny issue. According to a recent Nikkei Asian Review publication, Liberal Democratic Party member Tsukasa Akimoto, suggested that Japan must follow the example of other countries and make sure that digital currency transactions are not taxed excessively. Akimoto asked Finance Minister Taro Aso: “Can’t you …
[Read More]