Do I have to pay taxes on virtual currency if my profit is less than 200,000 yen?
Don't you think that you don't have to pay taxes on virtual currencies such as Bitcoin because, as the name implies, they are "virtual currencies"? In fact, that is not true. Profits made with virtual currencies, such as Bitcoin, must be declared and are subject to taxation. So, let's take a closer look at when and how virtual currencies are taxed.