A recent survey by Japanese company Clabo highlights significant challenges faced by Japanese cryptocurrency investors in tax reporting. The survey, which included 335 participants, found that 54.03% of respondents lack confidence or are unsure about reporting crypto assets for tax purposes. Only 13.43% expressed confidence in their ability to report accurately. The survey also revealed that 41.79% of respondents find tax rules complex, while 38.81% are uncertain if they need to file a report at all. Additionally, 47.16% doubt the accuracy of online information regarding crypto tax obligations. These findings underscore the hurdles Japanese retail investors face in understanding and executing crypto tax reporting.