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What will be the stance of major Japanese political parties on cryptocurrency tax policy by the end of 2025?
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Resolution / Starting Odds
Support 20% tax rate • 25%
Support higher tax rate • 25%
Support lower tax rate • 25%
No clear stance • 25%
Official statements or policy documents from major Japanese political parties
Story
Japan's DPP Leader Proposes 20% Crypto Tax Cut if Elected on October 27
Oct 21, 2024, 09:39 AM
Yuichiro Tamaki, leader of Japan's Democratic Party for the People (DPP), has announced a proposal to reduce cryptocurrency tax rates to 20% if elected on October 27. The current tax rates on crypto gains in Japan are significantly higher. Tamaki's plan aims to align crypto tax rates with those on stock profits and enhance Japan's position in the Web3 space.
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Tax reduced to 20% • 25%
Taxes removed on crypto-to-crypto exchanges • 25%
No significant changes • 25%
Other changes implemented • 25%
Passed as proposed (20% tax rate) • 25%
Passed with modifications • 25%
Not passed • 25%
No decision made • 25%
Republicans support zero tax • 25%
Democrats support zero tax • 25%
Both support zero tax • 25%
Neither support zero tax • 25%
Supportive • 25%
Opposed • 25%
Mixed Opinions • 25%
No Official Stance • 25%
Increase by more than 50% • 25%
Increase by 25%-50% • 25%
Increase by less than 25% • 25%
No significant change or decrease • 25%
Yes • 50%
No • 50%
Stricter KYC/AML • 25%
Higher Capital Requirements • 25%
Increased Reporting Obligations • 25%
Other • 25%
Transfer to CFTC • 25%
New SEC guidelines • 25%
Bipartisan bill • 25%
No major action • 25%