Search found 1415 matches

by captainspoke
Sat May 11, 2024 10:08 am
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 39
Views: 1595

Re: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes

... So immigration would just need to design a system which automatically flags up bad pension, health insurance, tax records. ... I guess that's sort of my point--why would immigrations need to design it? Shouldn't those other agencies/entities be doing their own respective parts? Or instead of im...
by captainspoke
Sat May 11, 2024 8:40 am
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 39
Views: 1595

Re: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes

So immigrations would be relying on the tax offices (national and city halls), and the pension agency, and I guess city halls again for health insurance payments, to notify them of delinquencies? As PR, I renew my residence card, a trivial thing, something like every seven years. Would I now need to...
by captainspoke
Sat May 11, 2024 7:53 am
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 39
Views: 1595

Re: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes

... As pension, tax, and health insurance is already merged with MyNumber, when immigration merges, I guess it would be pretty easy for them to develop a system that extracts all residence card numbers, and then automatically flags up any with a bad pension record, or or missed payments for health ...
by captainspoke
Fri May 10, 2024 5:21 am
Forum: Taxes
Topic: Summary of taxation rights under Japan's tax treaties
Replies: 2
Views: 124

Summary of taxation rights under Japan's tax treaties

Since some US/Japan treaty articles were being discussed here (separate thread), it's interesting that this just came up--newly added to the (reddit) JapanFinance wiki. Nicely done in table form:

Summary of taxation rights under Japan's tax treaties

And, the thread announcing this.
by captainspoke
Thu May 09, 2024 10:38 pm
Forum: Pension
Topic: Newbie Question
Replies: 19
Views: 319

Re: Newbie Question

That ¥816,000 is the max yearly payout for someone who has made the full 40yrs of contributions. So on a monthly basis the max possible is ¥68,000 (even tho it's paid every other month, so you get two months' worth at a time). And once that gets going, 介護保険 will be subtracted as an auto deduction. T...
by captainspoke
Thu May 09, 2024 9:23 pm
Forum: General
Topic: For US folks - new ID.me vs ssa.gov login
Replies: 2
Views: 69

Re: For US folks - new ID.me vs ssa.gov login

I'm not sure about using ID.me for SSA login, versus the 'regular' way you mention, so this is not a direct answer to your question. But I did create an ID.me account for IRS purposes a couple months ago--photos of suitable IDs submitted, then a video call to confirm those, and setup did get done.
by captainspoke
Sat May 04, 2024 4:50 am
Forum: Pension
Topic: UK pension living in Japan
Replies: 32
Views: 1220

Re: UK pension living in Japan

... I assume the taxable event will be "when the money is brought over to Japan?" ... I'd think it would be the date paid (received), and it would not matter that it stayed in the original currency that it was paid in, whether (when) it was transferred here, etc. This would be similar to ...
by captainspoke
Wed May 01, 2024 8:48 am
Forum: General
Topic: Yen falling like a stone
Replies: 27
Views: 1041

Re: Yen falling like a stone

by captainspoke
Wed May 01, 2024 8:09 am
Forum: General
Topic: Yen falling like a stone
Replies: 27
Views: 1041

Re: Yen falling like a stone

... Hyperinflation is not really on the table but for a long term Stagflation environment most likely. ... Even back in the late 70s, the US did not experience hyperinflation--and inflation was (much) higher for longer than the recent spike, in either the US or Japan. The glimmer of stagflation tha...
by captainspoke
Tue Apr 30, 2024 7:57 am
Forum: Taxes
Topic: Family loan (USD) repayment. Taxes?
Replies: 5
Views: 188

Re: Family loan (USD) repayment. Taxes?

Have them break it in two--half this year, and the other half in Jan 2025. No worries about gift tax.

Or a more now ($6800), the rest later. Still under the ¥1.1m limit.