From declaration separation to withholding separation, Japan's crypto tax reform finally has a concrete timetable.

The Japan Liberal Democratic Party Blockchain Promotion Members' League submitted a proposal to the Minister of Finance, calling for the integration of blockchain/Web3 into the national strategy, covering tax systems, crypto ETFs, leveraged trading regulation, unregistered operators, and tax treatment. The proposal offers a choice between separate taxation for declaration and source separation taxation, and studies the tax treatment of crypto asset inheritance and exchanges. It also advocates for increasing leverage, clarifying ETF positioning, and strengthening cross-border law enforcement cooperation. Katayama Gatsuki stated that they will promote institutional development and study a new tax system to be implemented before 2028.