Japan’s Financial Services Agency is preparing a sweeping set of tax reform proposals for 2026 that would broaden access to the country’s popular NISA investment accounts. The plan would extend eligibility to all age groups, including children and seniors, in a push to shift more household wealth from savings into investments.
The proposals also call for revisiting how cryptocurrency trades, such as Bitcoin, are taxed. Officials plan to submit the package to the Finance Ministry by the end of August, with the ruling coalition expected to hammer out details by year’s end. Legislation could be introduced in the regular Diet session early next year.
Among the changes under discussion: lifting the current ban on NISA “installment investment” accounts for people under 18, allowing families to begin building assets earlier. For retirees, regulators are weighing new options such as mutual funds that pay monthly distributions, providing a steady stream of income similar to pensions while balancing concerns about investment risk.
by MagazineKey4532