National tax agency Japan investigates hundreds violations of a cryptotax

National tax agency Japan (NTA) reported that recently investigated hundreds violations of a cryptotax. In anticipation of output NTA published the annual report on the tax investigations, including section on the taxation of Cryptocurrency. The data provided in the report, and also published by Japanese CoinPost, show that agency the beginning of 615 investigations concerning cryptoholdings of residents Japan in 2022 financial year. NTA noted that revealed tax violations in 548 cases that testifies to significant growth in comparison with the previous fiscal year. In 2020...