Japanese Finance Minister May Be Opposed to Lowering Tax on Crypto By Cointelegraph

Japanese Finance Minister May Be Opposed to Lowering Tax on Crypto

Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets.

Aso was responding to a question from Japan Restoration Association member Shun Otokita at a meeting of the House of Councillors Committee on Financial Affairs which convened on June 2.

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