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NTA to make permanent changes to NISA due to tax revisions Financial Services Agency | NHK News

2019-08-20T21:01:52.575Z

The Financial Services Agency has requested that the preferential tax system “NISA” for individual investors be made permanent as part of the tax reform next year. ...



NISA to be made permanent by tax revision 5:55 on the Financial Services Agency August 21

The Financial Services Agency has requested that the preferential tax system “NISA” for individual investors be made permanent as part of the tax reform next year. Permanent requests are for the fourth consecutive year, and we want to support asset formation including retirement.

NISA is a system that exempts individual investors from the profits and dividends obtained from stocks and investment trusts invested within 1.2 million yen per year. The taxable investment period is limited to 2023. It is.

Regarding this system, the Financial Services Agency has requested that the system be made permanent by tax reform next year for four consecutive years. In addition, we have a policy of requiring permanent payment for the preferential tax system for long-term asset management, “funded NISA” for three consecutive years.

Regarding the Financial Services Agency, a report from the council stating that “about 20 million yen will be required” after retirement spread the ripples.

Under these circumstances, the Financial Services Agency has requested that the system be made permanent in order to support asset formation including retirement, and will coordinate with the Ministry of Finance and the ruling party.

However, last year's debate over government and ruling party tax reforms, NISA has been postponed for a policy purpose of diverting personal financial assets from savings to investment, and so on.

Source: nhk

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