Cryptocurrency Q&A How much of Bitcoin is tax-exempt?

How much of Bitcoin is tax-exempt?

SejongWisdomKeeperElite SejongWisdomKeeperElite Mon Dec 23 2024 | 7 answers 1569
I'm wondering about the tax-exempt status of Bitcoin. Specifically, I want to know how much of Bitcoin can be considered tax-free or if there are certain conditions under which it is not subject to taxation. How much of Bitcoin is tax-exempt?

7 answers

ShintoBlessing ShintoBlessing Wed Dec 25 2024
This tax return is commonly referred to as the blue return.

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Margherita Margherita Wed Dec 25 2024
Trading virtual currencies like Bitcoin and altcoins can lead to significant profits.

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DigitalTreasureHunter DigitalTreasureHunter Wed Dec 25 2024
If your earnings from such trading exceed 200,000 yen, you are legally required to file a tax return.

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amelia_martinez_engineer amelia_martinez_engineer Tue Dec 24 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services.

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CryptoQueen CryptoQueen Tue Dec 24 2024
It's important to note that the 200,000 yen threshold applies specifically to profits earned from trading virtual currencies.

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