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Japan's Tax Agency Starts Accepting the 2018 Final Income Tax Returns, Including Cryptocurrencies

From coinness.com

According to Nikkei, the Japanese tax agency officially began accepting the 2018 final income tax returns. Individuals with annual salary income exceeding 20 million yen or non-salary income exceeding 200,000 yen are required to declare it. According to tax regulations, all incomes obtained through online auction, cryptocurrency transaction, horse racing and other gambling activities are classified as ancillary revenue. Japanese citizens must declare it if their total annual income exceeds 200,000 yen. The income calculation method is based on the standard provided by the National Tax Agency. (full story)

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