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Re: Need help with Japanese (for SBI) and some other guidance
Posted: Thu Sep 24, 2020 5:50 am
by Roger Van Zant
TokyoWart wrote: ↑Fri Sep 04, 2020 12:06 am
Regarding the tax issue (whether or not I have to declare anything, or not) I logged into my SBI account, and I see : 特定口座（源泉徴収）/配当受入.
Does this mean any tax liability is taken care of automatically when I sell something?
Yes, for a "tokutei" account (特定口座) Japanese taxes are automatically withheld.
Great! Thanks.
Re: Need help with Japanese (for SBI) and some other guidance
Posted: Fri Feb 26, 2021 2:09 am
by bryanc
are the charges different depending on the acct?is the charge higher if they do the tax deduction for you???
Re: Need help with Japanese (for SBI) and some other guidance
Posted: Fri Feb 26, 2021 2:13 am
by TokyoWart
bryanc wrote: ↑Fri Feb 26, 2021 2:09 am
are the charges different depending on the acct?is the charge higher if they do the tax deduction for you???
In my experience there is no difference in charges (whether account maintenance fees or trading commissions) for the tokutei vs ippan accounts.