Express
Changpeng Zhao comments on Japan's Tax Rate Reform Plan: Right Direction, but 20% Tax Rate Still Lacks Competitiveness
Summary: In response to the news that 'Japan plans to reduce the crypto tax rate from 55% to 20%', Binance founder Changpeng Zhao commented, 'This is a big step for Japan. Lowering 'costs' = promoting economic growth.' Furthermore, when asked if 'Can a 20% tax rate make Japan competitive again?', Zhao said, 'A 20% tax rate ...
In response to the news that 'Japan plans to reduce the crypto tax rate from 55% to 20%', Binance founder Changpeng Zhao commented, 'This is a big step for Japan. Lowering 'costs' = promoting economic growth.' Furthermore, when asked if 'Can a 20% tax rate make Japan competitive again?', Zhao said, 'A 20% tax rate is still high, but the direction is right. Many countries do not levy capital gains tax.'
Last Update:
Tags:
Link: Changpeng Zhao comments on Japan's Tax Rate Reform Plan: Right Direction, but 20% Tax Rate Still Lacks Competitiveness [Copy]
Tags:
Link: Changpeng Zhao comments on Japan's Tax Rate Reform Plan: Right Direction, but 20% Tax Rate Still Lacks Competitiveness [Copy]
