🇹🇷 Japan Blockchain Association (JBA) submitted demands for changes to the crypto asset tax system to the government! 📝 JBA calls for a review of the crypto asset tax system, which is hindering the growth of Web3 businesses. 🚀
Suggestions:
1. Remove year-end unrealized gains tax on third-party tokens. 🚫
2. Reduce the tax rate for individual cryptoasset transactions to 20%. 💰
3. Cancel profits tax for every crypto asset transaction. ❌
Japanese Prime Minister said Web3 is part of the new capitalism. 🌐