Estate Tax - Accounting Intelligence Blog

10 steps to reduce inheritance (estate) tax for business owners

November 15, 2017 user

There are many options you can take to reduce your inheritance tax. Here are basic steps to reduce the tax. Inheritance tax offers many tax deductions or discount under certain situations. But as a basic, the fundamental aspects should be addressed first. Basics 1) Estimate your inheritance and see how the tax will be reduced … Read More “10 steps to reduce inheritance (estate) tax for business owners” »

How to calculate Japanese Inheritance Tax

September 25, 2017 user

Estate Tax

The difference between Japanese inheritance tax and American tax is that it taxes on estate while the Japanese tax is on heirs.　That is why the total tax will vary depending on how many heirs are there. The more heirs you have, the lower the inheritance tax will be. If you live in Japan, you are … Read More “How to calculate Japanese Inheritance Tax” »

Scope of Inheritance Tax changed a lot since April 2017

September 22, 2017 user

Estate Tax

Inheritance Tax Law changed a lot since April 2017. There are rules that make the scope of taxable assets both wider and narrower. Good news is that a person who came to Japan for work on an assignment from foreign countries becomes exempt from Japanese Inheritance Tax on overseas estate if she has lived in … Read More “Scope of Inheritance Tax changed a lot since April 2017” »

Inheritance Tax Amended for 2017

January 14, 2017 user

Estate Tax

Change in scope of taxable heirs The scope of heirs taxable under Japanese Tax Law is going to be changed. The Inheritance tax law will be amended from April 1st, 2017. Heirs taxable for Japanese tax have been following until today but its definition will be wider, meaning there will be almost nobody who has … Read More “Inheritance Tax Amended for 2017” »

Three tips to reduce Japanese estate tax

June 10, 2016 user No Comments

Estate Tax, 未分類

There are ways to reduce estate tax, as it is the case for any country. Because estate tax is charged on valuation of various types of assets, your strategy is to choose a good mix of assets. 1) Buy stocks. The valuation of stock is the lowest of the following: – price at the inheritance, … Read More “Three tips to reduce Japanese estate tax” »