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  • No : 1529
  • Displayed Date : 2024/02/19 18:39
  • Updated DTM : 2024/02/22 11:44
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How can I make year-end adjustments (income deduction procedure) for a corporate-type DC?

Answer

If you are enrolled in a corporate-type DC, you do not need to make year-end adjustments or tax return to receive income deduction.
A "Certificate of Payment for Small Enterprise Mutual Aid Premiums (iDeCo Deduction Certificate)" "小規模企業共済等掛金払込証明書(iDeCo控除証明書)" will not be issued.
 
In a corporate-type DC, “company contributions (contributions by employer) “ are not subject to income tax, etc. As for participant contributions (employee matching contribution), your employer will take the procedure to receive income deduction.. Please check with your employer for details.
 
● Information on iDeCo Deduction Certificate (Certificate of Payment for Small Enterprise Mutual Aid Premiums) "iDeCo控除証明書(小規模企業共済等掛金払込証明書)のご案内" (Link)