tax

nfts

Updates from the Japanese Tax Admin Crypto Staking and Lending Rule, but not for NFTs

The National Tax Agency of Japan has updated its crypto FAQs, covering topics such as staking and crypto lending. However, the body has made no mention of non-fungible tokens (NFTs) or token airdrops. Implying that NFT trading and airdrops are not currently taxable. The agency (known as the NTA) updated its FAQs on December 22 […]