RetireJapan

https://www.nta.go.jp/law/shitsugi/shotoku/04/23.htm

This example is specifically about depreciation calculation, and they show that the calculation for the inheritor (B) uses the original purchase price of 10,000,000 yen.

However, my accountant in Japan claims depreciation should be calculated using the original purchase price and not FMV at inheritance. Before I push back, I want to have some clear evidence (such as from the NTA). I don't think your accountant is saying you should use the original purchase price be...

I'm not sure how it interacts with depreciation, but you inherit the cost basis in Japan. https://www.nta.go.jp/taxes/shiraberu/t ... o/3270.htm

I used Ubigi on my last trip to the States and had the same feeling - very convenient and dead simple.

Remaining number of shares is 67 Each share is valued at 1,500 yen I sell all 67 shares 67 x 1,500 = 100,500 yen ↑ Is Capital Gains tax also applied to the sale of these 67 shares? Yes, your capital gains on that portion would be 67 * (1500 - 1000), just as your capital gains on the previous portio...

Just for the record, in this simplified example you'd need to sell 36 shares to get 50,344 yen into your bank account after tax.

What she said is true but is simplified to the point of causing you confusion about how this works. When you make an investment, you buy shares. When you cash out of your investment, you sell shares. So in the simplest case let's say you've purchased one share for 100,000. Later the value of one sha...

Sounds so nice to not be a US Person

(Sorry for three replies in a row)

And if you want the info straight from the horse's mouth then here's the NTA page on this calculation (though it's in Japanese).

https://www.nta.go.jp/taxes/shiraberu/t ... u/1466.htm

When we're talking about the "average share cost" we're talking about the average price you've paid per share over the course of all your investments in that fund. So if you've made multiple investments the running tally would look something like this, but the only important number at the ...