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NTA NFT Tax FAQ -1

Japanese Tax Authorities Releases FAQ on NFT Taxes

Kensaku Kimura
/ Posted: 2023-01-16
/ Last updated: 2023-02-06
Some of the existing questions about calculating taxes for NFTs have been clarified On January 13, 2023, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of NFTs (Information)”. This is probably the first time the NTA…

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JCT Qualified Invoice Format-1

Upcoming Changes to Japanese Consumption Tax (JCT) in 2023

Kensaku Kimura
/ Posted: 2023-01-10
/ Last updated: 2023-02-06
Background If you have any business relationships with customers in Japan, you may have heard that Japanese Consumption Tax (JCT) will be going through significant changes in 2023. The TLDR (Too Long, Didn’t Read); Only Qualified Invoices can be…

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NTA Crypto Tax FAQ 2022 (FAQ Version 7)

Japanese Tax Authorities Releases FAQ (Ver7) on Crypto Taxes

Kensaku Kimura
/ Posted: 2022-12-25
/ Last updated: 2023-02-25
Crypto Traders Beware! Significant Changes In Determining Whether Income is Business Related or Not On December 22, 2022, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the seventh time (the…

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NTA Crypto Tax FAQ 2021 (FAQ Version 6)

Japanese Tax Authorities Releases FAQ (Ver6) on Crypto Taxes

Kensaku Kimura
/ Posted: 2021-12-31
/ Last updated: 2023-02-04
Very Few Changes From the June 2021 Update, “Staking and Lending” Now Added to the FAQ On December 22, 2021, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the sixth…

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NTA Crypto Tax FAQ 2021 (FAQ Version 5)

Japanese Tax Authorities Releases FAQ (Ver5) on Crypto Taxes

Kensaku Kimura
/ Posted: 2021-07-20
/ Last updated: 2023-02-04
Very Few Changes Compared to the 2020 FAQ, New Question on “Lending” On June 30, 2021, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the fifth time (the first was…

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NTA Crypto Tax FAQ 2020 (FAQ Version 4)

Japanese Tax Authorities Releases FAQ (Ver4) on Crypto Taxes

Kensaku Kimura
/ Posted: 2020-12-31
/ Last updated: 2023-02-04
Very Few Changes Compared to the 2019 FAQ, “Cryptocurrency” Now “Crypto Asset” On December 18, 2020, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the fourth time (the first was…

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NTA Crypto Tax FAQ 2019 (FAQ Version 3)

Japanese Tax Authorities Releases FAQ (Ver3) on Crypto Taxes

Kensaku Kimura
/ Posted: 2019-12-20
/ Last updated: 2023-02-04
Japanese Tax Authorities Releases FAQ (Ver3) on Crypto Taxes Compared to the FAQ in 2018, Version 3 covers a wider range with dedicated section on corporate tax On December 20, 2019, the National Tax Agency (NTA) published a guidance…

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Tax reform 2019

2019 Corporate Tax Reform – Impact on Cryptocurrencies

Kensaku Kimura
/ Posted: 2019-08-14
/ Last updated: 2020-01-23
Taxation on Crypto Unrealized Gains (Losses) for Entities With the 2019 Corporate Tax Reform now in effect, unrealized gains (and losses) from cryptocurrencies held by entities will be subject to taxation. The impact of this change is significant for…

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