Search found 446 matches

by Deep Blue
Wed May 22, 2024 8:45 pm
Forum: Taxes
Topic: Can NICs application cause a residency challenge?
Replies: 5
Views: 186

Re: Can NICs application cause a residency challenge?

They have access to your NIC payment history to determine whether you should pay class 2 or 3 contributions.
by Deep Blue
Sat May 18, 2024 8:45 am
Forum: Taxes
Topic: Sanity check on tax implications of applying for PR
Replies: 8
Views: 306

Re: Sanity check on tax implications of applying for PR

I’d ask Rakuten. I’ve kept all my investments in unit trusts etc offshore to avoid this sort of issue.
by Deep Blue
Sat May 18, 2024 3:50 am
Forum: Taxes
Topic: Sanity check on tax implications of applying for PR
Replies: 8
Views: 306

Re: Sanity check on tax implications of applying for PR

Your interpretation of the exit tax and PR is the same as mine, and the main reason it would be financial suicide for me to accept PR here. My whole strategy to avoid Japan taxing me on investments I’ve been building my whole life is to leave, take the capital gains while outside of Japan, fix ever...
by Deep Blue
Fri May 17, 2024 11:43 pm
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 16
Views: 658

Re: Tax Avoision (“…I say, ‘Avoision’”)

It would be great if all this mess on exactly when tax on worldwide income, inheritance tax and exit tax could be simplified but I guess it isn’t something to hold our breath for. Pretty silly to have completely different tests for different parts of the tax system.
by Deep Blue
Fri May 17, 2024 2:44 pm
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 16
Views: 658

Re: Tax Avoision (“…I say, ‘Avoision’”)

If you are on a work visa you do not have to pay tax on overseas gifts or inheritances (you do if you are on a spouse visa or are a permanent resident). Don’t think this is correct. Lots of people confuse permanent residency for visa purposes with permanent residency for tax purposes when it’s poss...
by Deep Blue
Fri May 17, 2024 2:09 pm
Forum: Taxes
Topic: Tax Avoision (“…I say, ‘Avoision’”)
Replies: 16
Views: 658

Re: Tax Avoision (“…I say, ‘Avoision’”)

I lived in Japan in the early 2000s and I never heard about Japan taxing foreign money/gains. If this is now the case, this is likely to affect my decision to return at some point. Please humor me with a hypothetical. I’m Canadian (or simply not Japanese) living in Japan on a work visa (non PR) and...
by Deep Blue
Wed May 15, 2024 6:34 am
Forum: Taxes
Topic: Sanity check on tax implications of applying for PR
Replies: 8
Views: 306

Re: Sanity check on tax implications of applying for PR

Your interpretation of the exit tax and PR is the same as mine, and the main reason it would be financial suicide for me to accept PR here. My whole strategy to avoid Japan taxing me on investments I’ve been building my whole life is to leave, take the capital gains while outside of Japan, fix every...
by Deep Blue
Tue May 14, 2024 10:39 am
Forum: Real Estate
Topic: WHO WAS YOUR GUARANTOR?
Replies: 5
Views: 523

Re: WHO WAS YOUR GUARANTOR?

No guarantor needed for me either.
by Deep Blue
Wed May 08, 2024 1:46 pm
Forum: Inheritance/Estates
Topic: Japan Deemed Inheritance Tax on Pensions/Annuities
Replies: 11
Views: 53852

Re: Japan Deemed Inheritance Tax on Pensions/Annuities

@retirejapan clean up needed in aisle 5
by Deep Blue
Sat May 04, 2024 1:42 pm
Forum: Taxes
Topic: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return
Replies: 36
Views: 1903

Re: Japan Tax Office wants me to file Japanese tax return first before filing U.S. tax return

And something similar for us Brits who couldn't care less about all the US stuff...