Mars Finance reports that, according to Cryptonews citing Nikkei News, Japan has recently released a blueprint for tax reform in 2026, which will significantly reduce cryptocurrency tax rates to a unified 20%. Currently, the highest tax rate on cryptocurrency gains in Japan is 55%, and this high tax rate has suppressed domestic trading activity. The report states that the new tax reform will include cryptocurrency profits within the same 20% unified tax rate framework as stocks and investment trusts, but only for specific cryptocurrencies handled by companies registered with the Financial Instruments Business Operator registration. Major cryptocurrencies such as Bitcoin and Ethereum may qualify, but specific business requirements are not yet clear.
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Japan's cryptocurrency tax rate reduction to 20% policy applies only to specific digital assets
Mars Finance reports that, according to Cryptonews citing Nikkei News, Japan has recently released a blueprint for tax reform in 2026, which will significantly reduce cryptocurrency tax rates to a unified 20%. Currently, the highest tax rate on cryptocurrency gains in Japan is 55%, and this high tax rate has suppressed domestic trading activity. The report states that the new tax reform will include cryptocurrency profits within the same 20% unified tax rate framework as stocks and investment trusts, but only for specific cryptocurrencies handled by companies registered with the Financial Instruments Business Operator registration. Major cryptocurrencies such as Bitcoin and Ethereum may qualify, but specific business requirements are not yet clear.