Hi everyone,
My partner previously worked for a cryptocurrency development company here in Japan. In 2018 the staff members were offered a one-time lump sum of the company’s own crypto as a celebration of a milestone. This was separate from their regular salary/bonuses and came from the overseas headquarters rather than the Japan office. My partner did hold a brief employment contract with the overseas headquarters before the Japan office was established, but no longer by the time they accepted and received the crypto. It’s been sitting in the wallet ever since.
We recently remembered the crypto and looked into selling it, but we realized it wasn’t declared in 2018. The value of the crypto at the time of receipt put it over 200k yen, so we think it needed to be declared in some way, but we weren’t sure how. As a work-related bonus, miscellaneous income, or possibly as a gift? We checked the [2018 NTA rules](https://www.nta.go.jp/publication/pamph/pdf/virtual_currency_faq_02.pdf) and weren’t sure which category this case would fall under. We’d like to confirm so we can go ahead and report it and pay the related taxes and penalties. Any thoughts? Thanks in advance for your input!
EDIT: Sorry, I forgot to mention that my partner is a Japanese citizen and tax resident then and now.
by Ok_Double9723