“Tax residence country” refers to the country or region where an individual or corporation is required to pay taxes such as income tax or corporate tax.
When opening a new account with a crypto-asset exchange, or if you already have an account, you are required to declare your tax residence country.
For more details, please refer to the National Tax Agency’s website.
■ For Individual Customers
If you live in Japan, your tax residence country is generally Japan only.
However, if you are also subject to income taxation under the laws of another country, you must also declare that country as your tax residence.
Examples:
A Japanese resident who only has tax obligations in Japan → Tax residence country: Japan only
A foreign national living in Japan who is subject to taxation in both Japan and the U.S. → Tax residence countries: Japan and the United States
■ For Corporate Customers
In general, the tax residence country of a corporation is the country where its head office or principal place of business is located.
However, if the company’s effective management and control are exercised in another country, that country may also be regarded as the tax residence.
If you are uncertain about your tax residence country, please consult a qualified tax advisor or attorney.