Taxes in English Part 24

This is a happy time of year for those who have held shares of listed companies until the end of March, when dividends are paid.

In this issue, we would like to introduce the tax imposed on dividends.

Dividends from listed stocks and gains from redemption of discount bonds are taxed separately from other income, and are subject to the metropolitan inhabitant tax on dividends as well as the national income tax and the special income tax for reconstruction.

The metropolitan inhabitant tax on dividend income, together with income tax and special income tax for reconstruction, which are national taxes, are The metropolitan inhabitant tax on dividend income, together with income tax and special income tax for reconstruction, which are national taxes, are imposed on the dividends on the listed shares, the redemption profit of discount bonds, etc., separately from other income.

Review of Terms

The metropolitan inhabitant tax on dividend income

In Japanese, the phrase "metropolitan inhabitant tax on dividend income" is used, but it is sometimes simply translated as "metropolitan inhabitant tax on dividend income.

Dividends on the listed shares, etc. = the dividends on the listed shares

The redemption profit of discount bonds = the redemption profit of discount bonds

I am so sorry to hear that even dividends, which I appreciate as an extra income, are taxed....

This time, I introduced a term that consists of a lot of words.

It would be nice if you can say them quickly since they are standard expressions!

See you next time!