I have earned 10 million yen from stocks and I want to know how much tax I will have to pay on this income.
6 answers
BusanBeautyBloomingStarShine
Wed Dec 11 2024
Dividend deductions in Japan are contingent upon the level of taxable income.
Martina
Wed Dec 11 2024
For individuals earning less than 10 million yen in taxable income, a specific deduction applies.
DigitalEagle
Wed Dec 11 2024
They are entitled to a 10% income tax deduction and an additional 2.8% resident tax deduction on dividends.
CryptoVisionary
Tue Dec 10 2024
This benefit is designed to provide relief for those in lower income brackets.
DondaejiDelight
Tue Dec 10 2024
On the other hand, for taxable income exceeding 10 million yen, the deduction rates change.