On December 20, according to Coinpost, Representative Akihisa Shiozaki of Japan’s Web3 Working Group of the Digital Society Promotion Headquarters of Japan’s Liberal Democratic Party reported that the Liberal Democratic Party’s Government Affairs Investigation Committee formally approved the “Concerning the Transformation of Crypto-Assets into Assets Beneficial to the National Economy” on the 19th. "Emergency Proposal". The report pointed out that under the current tax system, income generated from crypto-asset transactions is in principle classified as miscellaneous income and subject to comprehensive tax at a maximum rate of 55% (income tax and resident tax combined), which is more favorable than other countries. harsh. In light of the above points, and whether crypto-assets should be considered financial assets that should be invested in by the public, the following should be considered: Change profits and losses arising from crypto-asset transactions to a 20% tax rate and implement a "declaration and separate taxation" system Allow losses from crypto asset gains to be carried forward and deducted (can be used within the next 3 years) Cryptoasset derivatives transactions are also subject to the "declaration and separation of taxation" system