[March 16, Reiwa 2, submission deadline] Aren't you losing money on your tax return? With FX, secure profits and suppress losses by a declaration that highlights key points unique to FX!
Hori Ryuuichi's Profile
Nihon FX Accounting Co., Ltd. The only FX specialty accounting firm in Japan. Word-of-mouth spread of skills for tax reduction and tax investigation measures has led to client results from Hokkaido to Okinawa, and we also handle tax matters for renowned investors as their tax advisors. Our motto is to never engage in aggressive sales, and in addition to free consultations via phone or email, we also offer a free tax-saving simulation service that shows how much you can save compared to now.
Official site：Nihon FX Accounting Co., Ltd.
The filing season is approaching again this year. For those who are earning profits as well as those incurring losses, by filing a proper tax return for 2019, FX can be advantageous in the coming years. In FX, the biggest cost is not the spread or fees, but actually “taxes.” This time, we would like to look at the correct declaration methods and their key points when filing taxes for FX.
Win in FX and avoid losing to taxes!
As the only FX-specialized accounting firm in Japan, during this period we receive a very large number of inquiries and requests from investors nationwide. From listening to everyone’s stories, most people have little knowledge about FX taxes, and since there is a lot of unreliable information on the Internet, unfortunately proper declarations are often not made (When relying on online information for filing, please check when it was published and whether it comes from a trusted expert).
For example, if you experience losses across the year using domestic securities companies, you can carry those losses forward for three years in subsequent years, but to carry losses forward you must file a loss declaration for FX trading, and losses are not carried forward unconditionally. If you don’t know how to fill out the tax return for loss carryforward, we recommend visiting our homepage. We have uploaded detailed explanatory videos, so when losses occur, please make use of the loss carryforward system.
In addition, there are tax differences depending on whether you use domestic or overseas securities companies, so be careful. If you don’t quite understand these differences, consult a tax accountant who is knowledgeable about FX in advance.
