Banner is Quoted in Units.
You need to know how many units you bought and how much you paid IN YEN per unit, or how much you invested in Yen and divide that you the number of Units purchased to determine the Yen price per Unit.
Then, You need to know how many units you sold and how much you received IN YEN per unit, or how much you received in Yen and divide that you the number of Units sold to determine the Yen price per Unit.
You then take the
(Yen price per Unit Paid - Yen price per Unit received) x No. of Units Sold - any Costs = Capital Gain.
Tax Rate will be 20.315% (15% National Tax and 0.315% Reconstruction Tax payable in April 2024, and 10% Residents' Taxes payable from July 2024 to June 2025)
Cash out from fund: system to pay taxes?
Re: Cash out from fund: system to pay taxes?
:
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:
https://zaik.jp/books/472-4
The Publisher is not planning to publish an update for '23 Tax Season.
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Re: Cash out from fund: system to pay taxes?
That is super helpful information, thanks for the taking the time.
Thanks for everyone's input, will get this sorted out. Much appreciated.
Thanks for everyone's input, will get this sorted out. Much appreciated.
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Re: Cash out from fund: system to pay taxes?
Banner should provide you with the information you need to file taxes.outhouse_critic wrote: ↑Thu Aug 17, 2023 1:19 am Banner Ebisu fund
https://www.bannerassetmanagement.com/o ... come-fund/
A tax-reporting account I would guess.
Thanks, Adamu
Please report back here with how that goes
English teacher and writer. RetireJapan founder. Avid reader.
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