４５歳でアーリーリタイアして資産生活

[RetireJapan]

And there is something comforting about dividends, even though intellectually I know they are less efficient...

[Leafs_Raps]

Perfect. I am paying taxes in Japan so I guess there is a way to claim it when I do my 確定申告 next year then?

No, you can only offset the US tax on dividends against the Japanese tax on dividends. So you can claim it back within a taxable account (reducing your taxes from 30% to 20%) but not in a NISA account.

Finally got it! Thanks for your explanation and patience!!

[Leafs_Raps]

I think this is one more reason we benefit from holding broad market index funds which, while they may have years of losses or stagnation, over the longer term bounce back from each downturn and never require an apology.

Absolutely. Which is why I tend to recommend cheap, diversified index funds and indeed have the bulk of our investments going into them.

But I haven't quite outgrown the urge to dabble and mess things up

Yeah, this seems like the way to go for sure...

[StockBeard]

You can only claim the US 10% back against Japanese taxes that you paid (ie outside NISA). This is due to the tax treaty that aims to prevent double taxation.

I need to reply that my follow up with the well established company that did taxes for me this year has led me to the conclusion that claiming the 10% US dividend tax as foreign tax credit in JP is actually not possible in the case of a mutual fund or an ETF, only in the case of individual stocks (but in your case Ben you should probably leverage it since your US stocks are individual companies). With many of us going with indexing, I think this is an important edge case to know about. See here: viewtopic.php?f=8&t=582&start=10#p4722

[RetireJapan]

You can only claim the US 10% back against Japanese taxes that you paid (ie outside NISA). This is due to the tax treaty that aims to prevent double taxation.

I need to reply that my follow up with the well established company that did taxes for me this year has led me to the conclusion that claiming the 10% US dividend tax as foreign tax credit in JP is actually not possible in the case of a mutual fund or an ETF, only in the case of individual stocks (but in your case Ben you should probably leverage it since your US stocks are individual companies). With many of us going with indexing, I think this is an important edge case to know about. See here: viewtopic.php?f=8&t=582&start=10#p4722

I hope not, cause I've got fair amounts of VT as well!

Will report back if I get around to trying

[mule96]

There are both opinions on what can be claimed back and what not. I would at least think that an ETF with only american stocks would be ok. So far I claimed back for example the 10% even from ETFs like VT, with the guidance of a tax adviser.

[gaijinkun]

Would you please tell me what was starting investment budget of Ranpa, blogger.
I see his recent post he grew it up to 2019/9/19時点の総合計：10,475万円 !!!
How is it possible?

Also another quick silly question. How to identify stocks and funds that pay dividends in NISA account (SBI).

Thank you for help!

[TokyoWart]

There is not a lot of evidence on the blog that he has been successful as an investor. In September 2017 the blog reports 90 million yen in investments and he later received 17 million in a lump sum early retirement from his company.

[RetireJapan]

My impression was that he basically saved up most of the portfolio due to having a high salary and low expenses.