Tax Permanent Resident status vs Permanent Residency for VISA 税法意义上的永住者vs 签证意义上的永住者 People sometimes get confused about the concept of tax Permanent Resident with Rermanent Resident for VISA. They are separate concepts. 人们很容易混淆税法上的永住者和签证意义上的永住者。它们其实是两个不同的概念。 Being a Permanent Resident (PR) for VISA does not necessarily mean you are a Permanent Resident for tax. PR for visa is a … Read More “Tax Permanent Resident status vs Permanent Residency for VISA 税法意义上的永住者vs 签证意义上的永住者” »
Month: September 2022
This is one of the frequently asked questions. Basic rule: Non permanent tax resident is not taxable for foreign source income unless the gain is repatriated into Japan The basic rule is that foreign sourced income of non-permanent tax residents (who have been in Japan more than 5 years in the past 10 years) is … Read More “Is capital gain from foreign stocks I purchased before I came to Japan taxable or not taxable? Talking about 特定有価証券の譲渡” »
There are lots of businesses that receive orders from customers overseas and buy goods in Japan for margins. We also have several clients doing the business too. Their margins are relatively low in many cases that is mostly in the range between 1% to 10%. Some businesses only charges 300 yen per item. Still they … Read More “Trap to get a consumption tax refund when your business buys goods and export overseas 購買代行で気を付けなければいけない落とし穴” »
Recently Japanese Yen became even weaker to almost 145 yen per USD. I received a question from a client today whether exchange gain will be reportable or not for Japanese Income Tax. It would feel a bit unreasonable if one had to pay tax on the gain if her savings were accumulated even before she … Read More “Income tax on currency exchange gain” »