Listed stocks (for Japanese tax purposes)

[dcon]

Listed stocks are any stocks listed on any Stock Exchange, i.e. post-IPO, so any ETFs traded publicly on an Exchange are "listed". The Japanese is 上場株式等 = JouJou Kabushiki Nado = Stocks, etc. Listed on any Public Exchange.

You are very likely correct, but I was told at the tax office that they consider 上場株式等/listed stocks to only be stocks listed in Japan. Stocks listed on foreign exchanges are considered unlisted for Japanese tax purposes (they said).

Just FYI....This clearly includes stocks traded on foreign commodity markets in the "listed stocks" bucket (at least that is my take if I run it through google translate):

https://www.nta.go.jp/taxes/shiraberu/t ... u/1463.htm

[FlamingWombat]

Yep, it definitely does - thanks. I'm going to bookmark that for future use if my dividends ever get high enough that I have to declare them at the national tax office.

[AmericanInJapan]

Just FYI....This clearly includes stocks traded on foreign commodity markets in the "listed stocks" bucket (at least that is my take if I run it through google translate):

https://www.nta.go.jp/taxes/shiraberu/t ... u/1463.htm

OK, stocks and ETFs. But what about mutual funds? They are not traded on the exchanges. They of course invest in 'listed stocks' but the fund members do not directly own these stocks, the stocks are not held in proxy for them, they have no control over what stocks are bought and sold, and when.

To me this means foreign mutual funds fall into the 'unlisted/other' category for tax purposes.

[dcon]

Just FYI....This clearly includes stocks traded on foreign commodity markets in the "listed stocks" bucket (at least that is my take if I run it through google translate):

https://www.nta.go.jp/taxes/shiraberu/t ... u/1463.htm

OK, stocks and ETFs. But what about mutual funds? They are not traded on the exchanges. They of course invest in 'listed stocks' but the fund members do not directly own these stocks, the stocks are not held in proxy for them, they have no control over what stocks are bought and sold, and when.

To me this means foreign mutual funds fall into the 'unlisted/other' category for tax purposes.

I came across this a couple days back. I guess the tax system is set up to handle the nice exceptions that apply to the Japan exchange listed stocks and that is why we are told to call them unlisted/general in the system. The most interesting statement is at the bottom where it says:

"2 By the way, in the 2004 tax reform, the beneficiary securities of publicly offered stock investment trusts and the investment units of specified investment corporations will be included in "listed stocks, etc." The following exceptions will be applied.", etc.

https://www.nta.go.jp/law/joho-zeikaish ... 715/02.htm