Search found 1518 matches

by Tkydon
Wed Mar 26, 2025 12:50 pm
Forum: Case Studies/Asking for Advice
Topic: Best way to move overseas investments to Japan brokerage (IBSJ)?
Replies: 2
Views: 638

Re: Best way to move overseas investments to Japan brokerage (IBSJ)?

One thing depends on whether you have been in Japan for less than, or more than 5 years in the last 10 years at the time when you sell.
by Tkydon
Wed Mar 19, 2025 2:13 pm
Forum: New NISA (2024~)
Topic: NISA and gift tax
Replies: 23
Views: 10600

Re: NISA and gift tax

The 160,000 million yen tax free inheritance allowance for spouses seems pretty generous to me, ymmv. ;-) https://www.nta.go.jp/taxes/shiraberu/taxanswer/sozoku/4158.htm (注) この制度の対象となる財産には、隠蔽または仮装されていた財産は含まれません。 (1) 1億6千万円 (2) 配偶者の法定相続分相当額 The Spouse can receive the Greater of Y160M + the Basic Ded...
by Tkydon
Mon Mar 17, 2025 8:43 am
Forum: Pension
Topic: UK Pension & Voluntary Payments Questions
Replies: 94
Views: 99372

Re: UK Pension & Voluntary Payments Questions

When do the annual bills for Class 2 usually arrive? I also set up a direct debit but for some reason ended up with annual payments. A minor inconvenience that for me isn't worth filling in forms or calling the nice people at the pensions service. Looking at my bank statement, I payed at the end of...
by Tkydon
Mon Mar 17, 2025 8:40 am
Forum: New NISA (2024~)
Topic: NISA and gift tax
Replies: 23
Views: 10600

Re: NISA and gift tax

Maybe if the IHT rates were a bit more reasonable instead of 55% at the top end I wonder how many estates are paying the top rate, given that only around 7% of estates pay any inheritance tax at all? How big would the estate need to be in order to pay 50%+ in tax? The 55% band only applies to the p...
by Tkydon
Sun Mar 16, 2025 4:10 pm
Forum: US citizens and green card holders
Topic: Guide to Retiring Abroad FBA
Replies: 3
Views: 1799

Re: Guide to Retiring Abroad FBA

Just passing along an Ad I saw... I didn't download it.
by Tkydon
Sun Mar 16, 2025 12:43 pm
Forum: New NISA (2024~)
Topic: NISA and gift tax
Replies: 23
Views: 10600

Re: NISA and gift tax

A nice problem to have ;-)
by Tkydon
Sun Mar 16, 2025 8:55 am
Forum: US citizens and green card holders
Topic: Freedom of Information Request
Replies: 1
Views: 1156

Freedom of Information Request

https://www.youtube.com/watch?v=TYnN9hqmGN4

Thanks for watching! Learn more about Rep. Raskin's FOIA request to DOGE and how any American can make one: https://jamieraskin.com/doge-privacy-act-requests/

Submit your Freedom of Information Request
by Tkydon
Sun Mar 16, 2025 8:04 am
Forum: New NISA (2024~)
Topic: NISA and gift tax
Replies: 23
Views: 10600

Re: NISA and gift tax

It's largely to prevent inheritance tax evasion I believe. There should be no IHT between married couples either. This is largely misunderstood (because it is so complicated)... The Spouse can receive the Greater of Y160M + the Basic Deduction, or the Spouse's Statutory Share of the Estate + the Sp...
by Tkydon
Sun Mar 16, 2025 5:44 am
Forum: New NISA (2024~)
Topic: NISA and gift tax
Replies: 23
Views: 10600

Re: NISA and gift tax

Off topic and unhelpful comment forthcoming but levying gift tax on transfers between spouses is insane. I would love there to be the concept of joint accounts and joint tax filings here. It just seems so anti-family in a nation where they need more families. Exempt Gifts: Gifts between persons who...