Japanese Nostriches: can anyone confirm this?? It’s insane if true…

It’s not enough to tax you when you die after taxing you your whole life (which is already ridiculous)… now they want to tax you 110% and force your kids to pay the balance or forfeit everything?

Taxation is theft AND extortion.

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Come on man! There's no way this is true. Lol

Sometimes it's better to Google in private rather than asking silly questions in public 😉

There's an exemption of ~$300k and a rate between 10% and 55% to be applied on everything over that threshold

This is true. We all should disrupt the current taxation system or hide everything to fight the powers that be. There won’t be no profit to hodl Bitcoin and all that as long as you live in Japan🤤

loved this specific countermeasure brought out in the article 🤗

Mmmm just don't pay anything? 😅😁

We are not going to 👍

Money rolls uphill.

Pro tip: don't pay.

I am from the government. I am here to help. 🥳

IHT for cryptocurrencies in Japan is up to a max 55%. It's based on the price at date of death, so volatility could cause big issues here too. https://argentumwealth.com/japans-crypto-problem-how-is-bitcoin-taxed/