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Coin Edition 2024-10-21 17:30:00

Crypto Tax Comparison: Japan vs. United States

Japan and the United States have very different ways of taxing cryptocurrency. This article breaks down those differences, comparing tax rates, taxable events, and how each country classifies cryptocurrencies. Japan’s National Tax Authority (NTA) classifies cryptocurrencies as miscellaneous income, while the United States Internal Revenue Service (IRS) treats them as property. This fundamental difference leads The post Crypto Tax Comparison: Japan vs. United States appeared first on Coin Edition .

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