Cryptocurrency Q&A If I make 10 million yen from stocks, how much tax will I have to pay?

If I make 10 million yen from stocks, how much tax will I have to pay?

SamuraiCourageous SamuraiCourageous Mon Dec 09 2024 | 6 answers 1263
I have earned 10 million yen from stocks and I want to know how much tax I will have to pay on this income. If I make 10 million yen from stocks, how much tax will I have to pay?

6 answers

BusanBeautyBloomingStarShine BusanBeautyBloomingStarShine Wed Dec 11 2024
Dividend deductions in Japan are contingent upon the level of taxable income.

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Martina Martina Wed Dec 11 2024
For individuals earning less than 10 million yen in taxable income, a specific deduction applies.

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DigitalEagle DigitalEagle Wed Dec 11 2024
They are entitled to a 10% income tax deduction and an additional 2.8% resident tax deduction on dividends.

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CryptoVisionary CryptoVisionary Tue Dec 10 2024
This benefit is designed to provide relief for those in lower income brackets.

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DondaejiDelight DondaejiDelight Tue Dec 10 2024
On the other hand, for taxable income exceeding 10 million yen, the deduction rates change.

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