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🇯🇵 Japan Cuts Bitcoin Tax to 20%: A Historic Signal for the New Cycle
57 sats \ 2 comments \ @neverbrokemore 18h bitcoin
🇯🇵 Japan Cuts Bitcoin Tax to 20%: A Historic Signal for the New Cycle
🐱🙏🐶🚨 When a major economy like Japan announces a reduction of Bitcoin taxes to 20%, it’s more than a policy update. It’s a strategic declaration about Bitcoin’s future role.
🔥 1. From Cautious to Open
Japan used to be one of the most conservative countries regarding Bitcoin after the Mt. Gox incident. And yet today, they are taking the lead globally by lowering taxes — something that would never happen if Bitcoin were merely “speculative.” This marks Bitcoin’s entry into policy maturity.
💡 2. 20%: A Number That Unlocks Capital
Lower taxes mean:
Japanese investors will hold BTC longer
Web3 and bitcoin-native companies gain a friendlier environment
Traditional financial institutions and funds can allocate more easily
A G7 industrial nation easing Bitcoin tax → other nations won’t be able to ignore this.
🌏 3. Bitcoin Globalization Accelerates
With the U.S. opening the ETF floodgates, Germany liquidating treasury holdings, and Hong Kong approving spot funds, Japan adds another heavyweight move with optimized tax policy.
This confirms: Bitcoin is no longer fringe. Bitcoin is becoming the new financial architecture.
🧭 4. What This Means for Bitcoin-native Individuals
A new monetary cycle is taking shape.
Countries are starting to compete for Bitcoin capital.
This is a moment of strategic accumulation before major East Asian liquidity enters the market.
Once again, Bitcoin is validated by history itself.
Read more at: https://primal.net/e/nevent1qqs0g7urystp2cfn06ywpwpmhyg8hgdzc5mdsykcnp79tf0uvvpw20cpwhxy9
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0 sats \ 1 reply \ @brent 17h
AI summary, for context:

Details of the Proposed Tax Reform

  • Current Tax Rate: Under the current system, profits from cryptocurrencies are classified as "miscellaneous income" and are subject to a progressive income tax rate of up to 55% (45% national tax plus 10% local tax), depending on the individual's total income. This high rate has been a significant barrier to investment.
  • Proposed Tax Rate: The new proposal, advanced by Japan's Financial Services Agency (FSA) and the ruling government coalition, will introduce a flat 20% tax rate on crypto gains, aligning them with the taxation of stocks and investment funds. This includes a 15% national tax and a 5% local tax.
  • Reclassification: As part of the reform, cryptocurrencies will be reclassified as "financial products" under the Financial Instruments and Exchange Act (FIEA), rather than "payment methods".
  • Loss Carryforward: The proposed reforms include beneficial provisions allowing investors to carry forward losses for up to three years, which can be used to offset future gains. This is a major improvement from the current system, where crypto losses generally cannot be offset against other income or carried forward.
  • Goal: The changes are intended to stimulate the domestic digital asset market, encourage investor participation, attract institutional capital, and position Japan as a leading Web3 hub in Asia.
The proposal is anticipated to be finalized as part of the 2026 tax reform outline.
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0 sats \ 0 replies \ @neverbrokemore OP 17h
Thank you for the information. Even though I’m not in Japan, I think when any country becomes more serious about taxing Bitcoin, it will inevitably influence the surrounding nations to some extent. I’m currently in Asia in your region — hope everything is good on your side
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