First, you need know to how to calculate Japanese inheritance tax and how to evaluate the taxable value for each asset categories. Cash and bank balance are the worst. They are evaluated on their face value. If he had 100 MM JPY, it is to be assessed as 100 MM as taxable estate. On the … Read More “Saving Japanese inheritance tax/estate tax” »
Month: January 2022
Estate Tax
Consumption Tax
If your business is to buy goods in Japan and export overseas, you should be entitled to claim consumption tax refund. But don’t relax until you get back your first refund. There are several conditions to be met. 1) Choose to be a Consumption Tax filer: If you are a sole proprietor, you have to … Read More “Japanese Consumption Tax refund on your export sales. Check your export permissions first.” »