Masaaki Taira, Japan’s newly appointed Digital Transformation Minister, has hinted that he will push for crypto tax reform.
During a press conference after his appointment, Taira called for the “reform” of tax laws to help the nation’s “blockchain” sector. Given Taira’s previous comments about the need for crypto tax reform, it appears clear he was referring to crypto tax.
Per CoinPost, journalists asked Taira about the web3 sector. They asked “what kind of deregulation” would help “the spread of blockchain technology.” Taira replied: “I think the most important thing is the tax system.”
However, the minister then appeared to temper this statement by suggesting that tax-related matters were out of his control. He explained: “I’m not in a position to speak about the tax system, so I cannot comment on that matter.”