Cryptocurrency Q&A How much tax do I have to pay on an annual income of 6 million yen from virtual currency?

How much tax do I have to pay on an annual income of 6 million yen from virtual currency?

Eleonora Eleonora Sat Dec 07 2024 | 5 answers 873
I am earning an annual income of 6 million yen from virtual currency and I want to know how much tax I have to pay on this income. How much tax do I have to pay on an annual income of 6 million yen from virtual currency?

5 answers

RainbowlitDelight RainbowlitDelight Mon Dec 09 2024
Income tax is calculated by aggregating crypto asset income with other forms of revenue.

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ZenHarmony ZenHarmony Mon Dec 09 2024
Cryptocurrency earnings, if significant, can contribute substantially to one's annual income.

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KpopMelody KpopMelody Mon Dec 09 2024
For instance, if you earn 800,000 yen from crypto assets annually, this amount is factored into your overall taxable income.

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Silvia Silvia Sun Dec 08 2024
Suppose you also have a salary income of 6 million yen as an employee. When combined, your total taxable income amounts to 6.8 million yen.

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Caterina Caterina Sun Dec 08 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and digital wallet solutions. These services cater to the needs of crypto traders and investors.

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