December 12 (Mon): Nikkei 225 (Free viewing item: Tax return - Carryforward of losses)
Good morning ☀
Today, I will write about“Loss Carryforward Deduction”as requested.
That said, I have never claimed a loss deduction myself…
（*because I’ve never had an annual deficit?）
I did some research? Sorry?♂️?
I think simply me rambling on will be hard to understand, so?
Quote: au Kabucom Securities
https://kabu.com/sp/investment/guide/syoukenzeisei/sonshitu.html
In short…
If you file your tax return properly,
losses can be carried forward for three years and deducted from future profits
that’s the idea.
However, with FX this applies only to “domestic accounts.”
Foreign accounts are not eligible, so please don’t confuse them?
※ By the way, tax rates differ between domestic and foreign accounts.
Alsolosses from stocks and investment trusts cannot be offset against FX and futures gainsso please be mindful of this as well!
（※The following environment recognition is limited to members only.）
