Japan Set to Ease 30% Crypto Tax on Paper Profits for Token Issuers
As it stands, Japanese crypto issuers are required to pay a 30% corporate tax rate on their holdings, even if they did not make a profit from a sale.
![Japan set to ease tax 30% crypto off paper profits for token issuers](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/0cf386f1-7090-4301-8b74-a6313cac2954.jpg)
![Japan Set to Ease 30% Crypto Tax on Paper Profits for Token Issuers](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMGNmMzg2ZjEtNzA5MC00MzAxLThiNzQtYTYzMTNjYWMyOTU0LmpwZw==.jpg?#)
As it stands, Japanese crypto issuers are required to pay a 30% corporate tax rate on their holdings, even if they did not make a profit from a sale.
![Japan set to ease tax 30% crypto off paper profits for token issuers](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/0cf386f1-7090-4301-8b74-a6313cac2954.jpg)
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