Tokutei account sales
-
- Veteran
- Posts: 385
- Joined: Thu Aug 03, 2017 1:01 pm
Tokutei account sales
Just double checking. If I sell something in my tokutei account all the tax is taken care of by SBI, right? Does that mean I don't need to do anything at all with regard to declaring it on a tax return etc? Just sell and be done with it?
Re: Tokutei account sales
Yes, but figuring out how much tax they'll take is a bit awkward
https://retirewiki.jp/wiki/SBI_Securities
https://retirewiki.jp/wiki/SBI_Securities
-
- Veteran
- Posts: 710
- Joined: Tue Nov 07, 2017 2:29 pm
Re: Tokutei account sales
There is an account type that does not do tax withholding on capital gains, but chances are you would have selected the tax withholding option.
源泉徴収あり is the type that takes care for you, 源泉徴収なし you need to report the taxes yourself.
源泉徴収あり is the type that takes care for you, 源泉徴収なし you need to report the taxes yourself.
-
- Veteran
- Posts: 385
- Joined: Thu Aug 03, 2017 1:01 pm
Re: Tokutei account sales
Thanks @sutebayashi and @adamu - very helpful. Yes, it's the 源泉徴収あり type.