Search found 1291 matches

by Tkydon
Tue May 14, 2024 12:58 pm
Forum: Stock market investing
Topic: Need advice: take profits?
Replies: 7
Views: 175

Re: Need advice: take profits?

If you transfer assets, you have to account for them, calculate the capital gain, and pay capital gains tax, and if over the Gift tax Threshold, pay Gift Tax, as if you had sold the assets, paid the Capital Gains Tax, transferred the cash, paid Gift Tax, and then repurchased the assets
by Tkydon
Tue May 14, 2024 12:47 pm
Forum: Pension
Topic: Receiving uk pension while living in Japan.
Replies: 9
Views: 111

Re: Receiving uk pension while living in Japan.

The UK Japan Treaty is here https://www.mof.go.jp/tax_policy/summary/international/press_release/SynthesizedTextforJapan-UKEN.pdf "Article 17 Subject to the provisions of paragraph 2 of Article 18 of this Convention, pensions and other similar remuneration beneficially owned by a resident of a ...
by Tkydon
Mon May 13, 2024 4:20 pm
Forum: Inheritance/Estates
Topic: Inheritance planning question
Replies: 3
Views: 118

Re: Inheritance planning question

If you haven't already, see this thread:

https://www.retirejapan.com/forum/viewtopic.php?t=3017
by Tkydon
Mon May 13, 2024 2:34 pm
Forum: Inheritance/Estates
Topic: Inheritance planning question
Replies: 3
Views: 118

Re: Inheritance planning question

You should consult with a professional. Can’t help thinking inheritance planning is a bit of a dark topic emotionally but I suppose it makes perfect sense financially. Firstly, could I just confirm my understanding of inheritance. When my mother dies, my brother and I will inherit the house. We won’...
by Tkydon
Mon May 13, 2024 12:53 am
Forum: Inheritance/Estates
Topic: Joint accounts
Replies: 2
Views: 107

Re: Joint accounts

Yes, as YouMeWeThem said, they will determine by inputs how much of the balance was attributed to each party, and the portion attributed to the deceased party will be included in the Estate for the calculation of Inheritance Tax. If they didn't contribute anything, then 0%. If they were the only con...
by Tkydon
Sat May 11, 2024 1:22 pm
Forum: New NISA (2024~)
Topic: Dollars or Yen when buying new US stock for NISA?
Replies: 2
Views: 163

Re: Dollars or Yen when buying new US stock for NISA?

It doesn't really matter. You're still converting Yen to Dollars to buy the underlying assets.

The Fund Administrator maybe gets a slightly better exchange rate than you would if you converted Yen to Dollars to buy Dollar Denominated Assets, but you're still buying overseas assets with Weak Yen.
by Tkydon
Sat May 11, 2024 12:11 pm
Forum: General
Topic: Pending- Law to revoke the permanent residency status of foreign nationals who fail to pay taxes
Replies: 43
Views: 1807

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

Another article on this in the Mainichi today. This time providing much better context. Apparently the rate of nenkin payment non-compliance amongst the whole of the population is double that of the immigration sample... https://mainichi.jp/english/articles/20240511/p2a/00m/0na/008000c From a discu...
by Tkydon
Sat May 11, 2024 6:01 am
Forum: Insurance
Topic: Home (and earthquake) insurance
Replies: 5
Views: 162

Re: Home (and earthquake) insurance

Hello everyone, I'm reaching out to inquire about your experiences with home insurance. Currently, I'm renting a place that I discovered years ago through イエブル. As part of my rental agreement, there's a mandatory insurance policy covering fire, water damage, and related issues. From what I gather, ...
by Tkydon
Sat May 11, 2024 5:59 am
Forum: Insurance
Topic: Home (and earthquake) insurance
Replies: 5
Views: 162

Re: Home (and earthquake) insurance

All Insurance Premiums you pay can be deducted from your Taxable Income, either through Year End Tax Adjustment - Nenmatsu Chosei, or through Tax Filing - Kakutei Shinkoku, so you do not pay tax on those insurance Premiums, or looking at it another way, the government pays 30-50% of the premium wit...
by Tkydon
Sat May 11, 2024 3:40 am
Forum: Insurance
Topic: Home (and earthquake) insurance
Replies: 5
Views: 162

Re: Home (and earthquake) insurance

Hello everyone, I'm reaching out to inquire about your experiences with home insurance. Currently, I'm renting a place that I discovered years ago through イエブル. As part of my rental agreement, there's a mandatory insurance policy covering fire, water damage, and related issues. From what I gather, ...