RetireJapan

If there was no official agreement and no interest, Japan may see this as a gift to you and apply gift tax.

It certainly screws up plans to travel overseas.

What is this Awful PFIC rule? I'm an American who just opened a new nisa account with SBI (took forever). I purchased a bunch of the UFJ eMaxis series, but just noticed this thread about Americans being required to file lenghty and complicated PFIC tax forms. Is this something an online tax service...

Next year, I'll start drawing my pension, so I do need to reduce volatility of the portfolio as a whole. But according to Morningstar's Christine Benz, a balanced portfolio of 40:60 or 50:50 or 60:40 stocks and bonds are shown to support the highest safe withdrawal rate, so I'll definitely keep a b...

As others have said, in a tax-advantaged account you should invest in products that will grow. This involves taking some risk. If you are 58 or 60 or something then I understand your reluctance. If not, I recommend you keep reading about long-term investing (Boglehead method/ low-cost mutual funds) ...

My understanding of that is five full time employees. Agreed that is what it looks like but it may be a bit more complex than that. This is the source: https://www.nenkin.go.jp/service/kounen/tekiyo/jigyosho/20150518.html Part-timers are also included if they do 3/4 of the work of 'full-time/regula...

3 or 4 months is too short a time period to make any judgments. Keep plugging away for a few years. If things go according to plan, you will see nice positive numbers on your account then.

This one too KCLenny:

https://www.jetro.go.jp/en/invest/setti ... on4/page5/

And if anyone has any evidence for any of these that I can use to show my boss, that’d be greatly appreciated Here are some details in English. Better of course to find the Japanese. https://www.jetro.go.jp/en/invest/setting_up/section4/page9/ You can find out this info with a bit of Google searchi...

Ah yes. I can understand the confusion. The uploaded document is just an example. It’s not my hours. It just says “teacher A” and teacher B” as examples for hours worked to paid holiday. As I said, I work roughly 32 hours a week. 5 days a week. Your employer seems to be trying to classify you as a ...