60 sats \ 1 reply \ @anon 11 Sep 2023 \ on: Introduction to the Bitcoin only scene in Japan. bitcoin
Crypto tax fee is up to 45%, that is the problem
It's not a problem if you never sell. But, yes, with no de minimus exemption, high tax (taxed as income rather than a capital gain) it certainly makes spending Bitcoin a challenge from a tax overhead perspective.
reply