Japan's New Economic Federation Seeks Flat 20% Crypto Tax, Including Peer-to-Peer Trades
- —The proposal was submitted as part of tax reform recommendations for fiscal 2027
- —Crypto profits are currently taxed at a progressive rate of up to 55% together with other income
- —The Finance Ministry's 2026 plan already set 20% (15% income + 5% local) for trades through registered operators only
- —The federation also asks to allow loss carryforwards for a broad range of transactions
Why it matters: A flat rate not tied to exchanges would simplify taxation and could boost activity among Japanese investors.
Source: CoinDesk Japan