Japan NISA Program for Minors to Have 6-M.-Yen Tax-Exemption Cap

Japan NISA Program for Minors to Have 6-M.-Yen Tax-Exemption Cap
Tokyo, Dec. 10 (Jiji Press)--The Japanese government and ruling coalition are considering capping tax-free holdings at 6 million yen for a new investment program planned to be launched for minors under the country's new Nippon Individual Savings Account tax exemption framework, according to informed sources. They also plan to set the annual investment limit at 600,000 yen for the NISA progra...