Cryptocurrency Q&A
Will my company find out about my Bitcoin tax?
Will my company find out about my Bitcoin tax?
mia_rose_painter
Sat Dec 07 2024
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6 answers
1197
I am wondering if my company will discover my Bitcoin tax. I'm concerned about the privacy and confidentiality of my financial transactions, specifically related to my cryptocurrency holdings.
6 answers
BlockchainBaron
Mon Dec 09 2024
In the realm of virtual currency trading, there is a specific threshold regarding annual income that traders should be aware of.
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Martina
Mon Dec 09 2024
If your earnings from trading virtual currencies do not surpass 200,000 yen in a year, you are not obligated to submit a tax return.
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Bianca
Mon Dec 09 2024
This threshold ensures that small-scale traders are not burdened with the complexities of tax filings.
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CryptoWanderer
Sun Dec 08 2024
It is important to note that profits derived from cryptocurrency trading are categorized under miscellaneous income.
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Elena
Sun Dec 08 2024
However, once your profits exceed the 200,000 yen mark, the rules change. You are then required to file a tax return.
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