TechFlow, December 17 — According to CoinDesk JAPAN, the Japanese government plans to postpone the implementation of separate taxation for cryptocurrency assets (virtual currency) until January 1, 2028. Sources in the political sphere revealed that although there was market expectation that the new tax system could be implemented within 2027 following the passage of amendments to the Financial Instruments and Exchange Act during next year's ordinary Diet session, the government prefers to proceed with tax reform only after confirming market conditions under the revised Money Settlement Law. Currently, profits from cryptocurrency transactions in Japan are classified as "miscellaneous income," taxed together with income such as salaries, resulting in a maximum tax rate of up to 55% (including local inhabitant tax). Investors and industry groups have long called for a shift to a separate 20% tax regime, the same as that applied to stocks. The government stated that the main reason for the delay is that "investor protection measures still need further refinement."
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