Cryptocurrency Q&A
How much tax do I have to pay on 9 million yen in virtual currency?
How much tax do I have to pay on 9 million yen in virtual currency?
isabella_oliver_musician
Thu Dec 12 2024
|
6 answers
1491
I have earned 9 million yen through virtual currency and I am wondering how much tax I would have to pay on this amount.
6 answers
DigitalDragon
Sat Dec 14 2024
If the combined income from these sources is less than 9 million yen, the income tax rate applicable is 23%.
Was this helpful?
103
57
Riccardo
Sat Dec 14 2024
However, if the total income exceeds 9 million yen, the tax rate increases to a higher bracket.
Was this helpful?
327
77
henry_miller_astronomer
Sat Dec 14 2024
Salaried workers engaging in virtual currency trading as a personal side job face specific taxation rules.
Was this helpful?
201
85
Valentino
Sat Dec 14 2024
For instance, Mr. A's taxable income is 10 million yen, which falls into the higher tax bracket due to exceeding the 9 million yen threshold.
Was this helpful?
335
49
amelia_martinez_engineer
Sat Dec 14 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to virtual currency traders.
Was this helpful?
195
20
Load 5 more related questions
