Cryptocurrency Q&A
How much profit will you make if you sell 1 million yen in Bitcoin?
How much profit will you make if you sell 1 million yen in Bitcoin?
IncheonBlues
Sun Dec 22 2024
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answers
1073
I want to know how much profit I can earn if I sell 1 million yen worth of Bitcoin.
5 answers
JessicaMiller
Tue Dec 24 2024
For instance, if you make a profit of 1 million yen through Bitcoin (BTC) trading, you will be required to pay taxes on this income.
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Giulia
Tue Dec 24 2024
The total tax burden, which includes both income tax and resident tax, can amount to approximately 40,000 yen in some cases.
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CryptoConqueror
Tue Dec 24 2024
This calculation assumes that you have no other sources of income, such as a salary, and that you are contributing to health insurance and national pension plans.
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RobertJohnson
Tue Dec 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders. These include spot trading, futures trading, and a secure wallet for storing digital assets.
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HanbokElegance
Tue Dec 24 2024
The tax implications of earning 1 million yen in Bitcoin (BTC) can vary significantly.
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