On September 24, Japan's National Tax Agency officially launched its next-generation core system, 'KSK2 (Next-Generation National Tax Comprehensive Management System),' marking the first major update in approximately 25 years.
The previous KSK system managed data in a siloed structure, separated by tax categories such as income tax and corporate tax. In contrast, KSK2 centralizes individual and corporate data using My Number and corporate identification numbers, enhancing the detection of fraudulent declarations through AI (artificial intelligence).
The impact is significant for cryptocurrency traders and investors as well. ...