TOML

Types of Securities Accounts in Japan - TOML

Japanese securities accounts include taxable accounts (general accounts and specific accounts with/without withholding tax), tax-exempt accounts (NISA accounts with Tsumitate Investment Frame and Growth Investment Frame), and pension-type investment accounts (iDeCo - Individual Defined Contribution Pension). Each type differs in tax treatment, eligible products, and tax filing requirements. It is important to choose the appropriate account based on the investor's lifestyle and asset formation goals. These accounts were established as part of the Financial Services Agency's policy to promote 'from savings to investment' and support individual asset formation.

securities account NISA iDeCo specific account general account asset formation investment Financial Services Agency tax saving tax filing

[[items]]
code = "01"
slug = "general-account"
name = "General Account"
description = "A traditional securities account where investors calculate gains/losses and file tax returns themselves."
category = "Taxable Account"
eligibleProducts = "[\"Listed stocks\",\"Investment trusts\",\"Unlisted stocks\",\"Futures and options\",\"FX\"]"
taxFilingRequired = true
withholdingTax = false
annualLimit = ""
lifetimeLimit = ""
maxAge = ""
maxContribution = ""
minAge = ""
minContribution = ""
withdrawalAge = ""

[[items]]
code = "02"
slug = "specific-account-withholding"
name = "Specific Account (With Withholding Tax)"
description = "An account where the securities company automatically calculates and pays taxes, with no tax filing required in principle."
category = "Taxable Account"
eligibleProducts = "[\"Listed stocks\",\"Investment trusts\",\"ETF\",\"REIT\"]"
taxFilingRequired = false
withholdingTax = true
annualLimit = ""
lifetimeLimit = ""
maxAge = ""
maxContribution = ""
minAge = ""
minContribution = ""
withdrawalAge = ""

[[items]]
code = "03"
slug = "specific-account-no-withholding"
name = "Specific Account (Without Withholding Tax)"
description = "An account where the securities company calculates gains/losses, and the investor files tax returns."
category = "Taxable Account"
eligibleProducts = "[\"Listed stocks\",\"Investment trusts\",\"ETF\",\"REIT\"]"
taxFilingRequired = true
withholdingTax = false
annualLimit = ""
lifetimeLimit = ""
maxAge = ""
maxContribution = ""
minAge = ""
minContribution = ""
withdrawalAge = ""

[[items]]
code = "04"
slug = "nisa-tsumitate"
name = "NISA Account (Tsumitate Investment Frame)"
description = "A tax-exempt account exclusively for regular periodic investing, with no tax on investment returns."
category = "Tax-Exempt Account"
eligibleProducts = "[\"Investment trusts (accumulation type)\",\"ETF (eligible for accumulation)\"]"
taxFilingRequired = false
withholdingTax = false
annualLimit = 1200000
lifetimeLimit = 18000000
maxAge = ""
maxContribution = ""
minAge = ""
minContribution = ""
withdrawalAge = ""

[[items]]
code = "05"
slug = "nisa-growth"
name = "NISA Account (Growth Investment Frame)"
description = "A tax-exempt account allowing investment in a wide range of products including individual stocks."
category = "Tax-Exempt Account"
eligibleProducts = "[\"Listed stocks\",\"Investment trusts\",\"ETF\",\"REIT\"]"
taxFilingRequired = false
withholdingTax = false
annualLimit = 2400000
lifetimeLimit = 12000000
maxAge = ""
maxContribution = ""
minAge = ""
minContribution = ""
withdrawalAge = ""

[[items]]
code = "06"
slug = "ideco"
name = "iDeCo (Individual Defined Contribution Pension)"
description = "A pension-type investment account where contributions are tax-deductible and investment returns are tax-free."
category = "Pension-Type Investment Account"
eligibleProducts = "[\"Investment trusts\",\"Insurance products\",\"Deposits and savings\"]"
taxFilingRequired = false
withholdingTax = false
annualLimit = ""
lifetimeLimit = ""
maxAge = 59
maxContribution = "144,000 to 816,000 yen annually (varies by occupation)"
minAge = 20
minContribution = 5000
withdrawalAge = 60