LOOK UP ACCOUNTING Launches Cryptocurrency Tax Project from Shimokitazawa

Introduction
In an effort to provide accurate and practical knowledge about cryptocurrency taxation, LOOK UP ACCOUNTING, based in Shimokitazawa, Setagaya, Tokyo, has embarked on a new project starting on July 25, 2025. Led by tax accountant Kentarou Yonemitsu, this initiative aims to disseminate vital tax information concerning the rapidly expanding Web3 market.

The Growing Challenge
The cryptocurrency market has seen exponential growth, with trading volumes increasing roughly six-fold in the past five years. As more individual investors engage in crypto trades, the number of people needing to file tax returns has risen significantly. However, only a small percentage of tax accountants specialize in cryptocurrency, creating a knowledge gap that leads to erroneous filings and potential penalties.

A Critical Year: 2025
The year 2025 is set to be a pivotal turning point for cryptocurrency taxation due to anticipated changes in tax regulations, international frameworks, and governmental policies. Notable discussions within the ruling party’s tax committee include proposals for a separation tax rate of 20%. Moreover, updates to guidelines from the National Tax Agency are expected, alongside advancements in frameworks, such as the OECD's Cryptocurrency Asset Reporting Framework (CARF).

For investors and businesses, these shifts underline the importance of having specialized knowledge and ongoing access to reliable information. Incorrectly handling tax matters can lead to serious consequences, including hefty penalties and disputes.

Project Framework
LOOK UP ACCOUNTING’s project consists of three main pillars:
1. Content on Note: The team will publish practical articles addressing tax matters relevant to crypto investors.
2. YouTube Channel: Engaging 10 to 15-minute video segments will provide visual explanations and real-life examples to enhance understanding.
3. LinkedIn Engagement: Timely updates on taxation topics will be shared with both domestic and international audiences on professional networking platforms.

All content will be created by active tax accountants who specialize in cryptocurrency, ensuring that the information remains current and responsive to legislative and practical changes.

Upcoming Initiatives

- The team plans to produce 2-3 informative posts monthly across all platforms, covering key topics such as tax practices, changes in legislation, and updated guidelines.
- Seminars aimed at investors and professionals will be held periodically, addressing recent updates in tax reform, practical guidance, and international taxation.
- The project will explore partnership opportunities with local communities around Shimokitazawa for informational events.

For the latest updates on seminars and initiatives, follow LOOK UP ACCOUNTING’s official website and LinkedIn page.

About the Representative: Kentarou Yonemitsu
Kentarou Yonemitsu is the leading tax accountant at LOOK UP ACCOUNTING. He holds a degree in International Relations from the University of Tokyo and has served in accounting audit roles at KPMG Azusa. His experiences extend to managing overseas PMI projects and supporting corporate strategies at UZABASE Inc. and Recruit Company. In 2023, he established a tax consultancy focusing on cryptocurrency, NFTs, and DeFi, gaining extensive consulting experience in the Web3 space.

Official Information Channels

- Note: LOOK UP ACCOUNTING on Note
- YouTube Channel: Look Up Accounting on YouTube
- LinkedIn Page: Look Up Accounting on LinkedIn

(Note: Links are accurate as of July 2025 and may change.)

Company Overview

- Name: LOOK UP ACCOUNTING
- Representative: Kentarou Yonemitsu, Tax Accountant
- Location: 2F, Tachiki Building, 3-27-4 Kitazawa, Setagaya, Tokyo
- Established: 2020
- Services: Tax advisory, cryptocurrency tax consulting, and tax content creation
- Website: LOOK UP ACCOUNTING Website