Japanese Government to Prevent Crypto Tax Evasion With New Reporting System, Sources Say – On The Blockchain

Japan’s government reportedly wants to allow its tax arm to solicit customer data from crypto intermediaries to tackle tax evasion.

Japan’s government is seeking ways to prevent tax evasion on significant profits from cryptocurrency transactions, daily Japanese newspaper Mainichi Shimbun reports Tuesday, Dec. 4.

According to sources familiar

To read more of this article written by Ana Berman please visit https://cointelegraph.com/news/japanese-government-to-prevent-crypto-tax-evasion-with-new-reporting-system-sources-say.

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