Search found 35 matches
- Thu Jan 16, 2025 12:47 pm
- Forum: General
- Topic: japan's indebtedness
- Replies: 32
- Views: 10322
Re: japan's indebtedness
I’m talking about leaving Japan and ceasing to be a resident, then realizing capital gains. Giving up jusho. Not a holiday. Japan doesn’t tax foreigners for capital gains realized after they’ve left and are living in another country. The situation is a bit complicated by the exit tax, but as it sta...
- Thu Jan 16, 2025 7:02 am
- Forum: General
- Topic: japan's indebtedness
- Replies: 32
- Views: 10322
Re: japan's indebtedness
Yes, that’s my plan. I have PR in Hong Kong which has no CGT, so I will realize my capital gains there. And yes, I only invest in funds that don’t pay dividends. So no income, just capital growth. And crucially, I won’t accept PR in Japan so won’t be subject to the exit tax here. I dont know how lo...
- Fri Aug 02, 2024 8:04 am
- Forum: Stock market investing
- Topic: Hedging against a stock market crash
- Replies: 37
- Views: 13416
Re: Hedging against a stock market crash
This is not meant to be scaremongering. It's just a question from an ignorant investor to some of the more level-headed, knowledgeable folks out there. I have no doubt this subject has come up before on this forum before but I can't seem to find much - apologies if you are all sick to death of the ...
- Sat Apr 27, 2024 5:33 am
- Forum: Taxes
- Topic: Social insurance potentially being added to financial income
- Replies: 11
- Views: 4664
Re: Social insurance potentially being added to financial income
Thanks for your article. It is something I had been thinking about recently and was sort of expecting due to the reason explained by Deep Blue in his post. I would be surprised if they did it for NISA as it would be so contradictory. But I would be much less surprised if they decided this for taxabl...
- Sat Apr 27, 2024 5:20 am
- Forum: Taxes
- Topic: Social insurance potentially being added to financial income
- Replies: 11
- Views: 4664
Re: Social insurance potentially being added to financial income
Yes the maximum public health insurance premium is capped. This cap depends on where you live (locally decided) but this is quite high. 1.2 mio where I am.
- Thu Oct 05, 2023 12:35 pm
- Forum: Stock market investing
- Topic: Rakuten 5 year 4.84% thing
- Replies: 10
- Views: 7299
Re: Rakuten 5 year 4.84% thing
https://www.rakuten-sec.co.jp/web/bond/foreignbond/products/20230925/ My Japanese isn't quite good enough to fully understand this. The big headline seems to be 5 years @ 4.84% (before tax). It's a bold headline but surely it's not a guaranteed return. Or is it? And what might the catch here be? So...
- Wed Sep 20, 2023 6:18 am
- Forum: Taxes
- Topic: E-filing Japanese taxes in English
- Replies: 11
- Views: 6952
Re: E-filing Japanese taxes in English
Hello, I was told by a Japanese tax accountant that it is easy to do my American taxes online. I can file it myself. He said there is an English version. I was like, huh? Anyone know anything about this? I use Turbotax in the states, but I didn't know there was (or seems to be) an equivalent in Jap...
- Sun Sep 17, 2023 2:05 pm
- Forum: Taxes
- Topic: Selling an inherited house
- Replies: 23
- Views: 12950
Re: Selling an inherited house
This issue of capital gains tax on an inherited overseas property is a bit worrying for sure. I wonder how many foreigners living in Japan know about it and actually pay it? If they don't pay it (accidentally or otherwise) then how would the NTA find out? Maybe if and when the money was transferred...
- Fri Sep 15, 2023 10:34 am
- Forum: Taxes
- Topic: Recommendation of tax accountant
- Replies: 12
- Views: 6591
Re: Recommendation of tax accountant
No recommendation... Just a list collected from this forum and and other sources, in no particular order... Former Deloitte guy kazuhiro.tahara@tahara-tax.com https://smartaxnagoya.wordpress.com Dean H. Yoshimoto https://www.linkedin.com/in/dean-h-yoshimoto-a28a3310b/ https://www.ata-tax.jp/service...
- Thu Sep 14, 2023 5:32 am
- Forum: Taxes
- Topic: Recommendation of tax accountant
- Replies: 12
- Views: 6591
Recommendation of tax accountant
I am seeking a good tax accountant with expertise in cross-border issues. I have assets abroad and recently sold real property in a foreign country. While English proficiency is preferred, I have no problem communicating in Japanese. Expertise and competence are more important! It may have been disc...