The U.S. Congress recently received a Bitcoin reserve bill, which is quite interesting – it allows taxes to be paid directly in BTC, and holders won't have to pay personal income tax. In contrast, in neighboring Japan, profits from cryptocurrency trading are subject to a 20% tax, showing a significant policy gap. It seems that Uncle Sam really wants to incorporate encryption assets into the national strategic system this time.

BTC-2.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
AirdropHunterXMvip
· 12-03 18:32
This move by the US is really something—paying taxes directly with BTC? My friends in Japan are going to be upset.
View OriginalReply0
GoldDiggerDuckvip
· 12-02 21:49
Wow, BTC taxes? If this really passes, it'll be awesome in the US, that 20% in Japan is simply robbery!
View OriginalReply0
TrustlessMaximalistvip
· 12-02 04:51
This move by the US is quite something, directly using BTC for tax payments? It feels like it's hinting at the legalization of Bitcoin.
View OriginalReply0
SeeYouInFourYearsvip
· 12-02 04:50
The recent actions by the US are really strategic; directly using BTC to pay taxes? It feels like the crypto world is about to da moon.
View OriginalReply0
AirdropHunter420vip
· 12-02 04:50
Wow, is the US about to buy the dip on BTC? Using coin to pay taxes is something else, that 20% tax rate in Japan is simply digging their own grave.
View OriginalReply0
ZKProofstervip
· 12-02 04:30
nah hold up, this is actually just theater. they're not gonna let you pay taxes in btc and dodge cap gains taxes simultaneously—that's mathematically impossible from a revenue perspective. technically speaking, the "no personal income tax" framing is misleading. what they're probably doing is reclassifying it, not eliminating it. classic political proof of nothing.
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)