Japan Eyes Tax Breaks for Companies Holding Cryptocurrency
Japan's ruling coalition has proposed a tax code amendment that would exempt companies from paying tax on unrealised cryptocurrency gains if they hold on to the digital assets.
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Garrett Jin: Bitcoin's current consolidation phase is not yet over, and there's about a 70% probability that the bottom will be at $60,000.
10/09 17:10
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The proposed tax code change would specifically apply to cryptocurrencies held for purposes other than short-term trading.
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