DOGE Japan Edition: launch to reform tax breaks and subsidies and swift dissolution amid a ¥1.5 trillion shortfall
The DOGE Japan Edition was unveiled in late 2025 to conduct a surgical review of tax breaks and subsidies aimed at closing a ¥1.5 trillion revenue shortfall, embedded within a broader ¥21.3 trillion economic package. Its rapid unraveling by November 2025—reportedly ceasing to function as a centralized office within weeks—raises immediate questions about execution, transparency […]
Japan government backs 20% tax on crypto profits, on par with stocks
Japan’s government has endorsed a move to apply a uniform 20% tax on crypto profits, a shift intended to align digital-asset gains with stock taxation and to modernize the country’s crypto fiscal framework. The Financial Services Agency (FSA)-led package includes a precise flat rate of 20.315% when national, local and reconstruction levies are combined and […]