Search found 5 matches

by Peace
Sun Sep 19, 2021 2:07 pm
Forum: Taxes
Topic: Kosei & Kokumin Nenkin considered PFICs?
Replies: 2
Views: 499

Re: Kosei & Kokumin Nenkin considered PFICs?

Thanks for your helpful feedback! Much appreciated. phew.
by Peace
Thu Sep 09, 2021 9:42 am
Forum: Taxes
Topic: Kosei & Kokumin Nenkin considered PFICs?
Replies: 2
Views: 499

Kosei & Kokumin Nenkin considered PFICs?

Hi From what I'm aware, Nenkin are not individualized account so not necessary to include in FBAR report. Correct understanding that both are not PFICs? I don't think so as I've always saw them as just pool of funds, but I'm also unsure what they do with the money in the background (e.g. investments...
by Peace
Mon Sep 06, 2021 9:15 pm
Forum: Taxes
Topic: PFIC proof iDeco investments - Any updates for 2021?
Replies: 2
Views: 945

Re: PFIC proof iDeco investments - Any updates for 2021?

Thanks Established. I'm with SBI, and indeed they didn't seem to show it on their list of available iDeco investments. How disappointing. Current SBI iDeco offerings in case anyone's interested. https://site0.sbisec.co.jp/marble/insurance/dc401k/search/dc401ksearch.do >As far as the listed funds go,...
by Peace
Thu Sep 02, 2021 4:48 pm
Forum: Taxes
Topic: PFIC proof iDeco investments - Any updates for 2021?
Replies: 2
Views: 945

PFIC proof iDeco investments - Any updates for 2021?

Hi All I've PFIC allergy & hold only cash in iDeco as Dual-Citizen(US/JP) living in EU. Don't like inflation either so have been researching for PFIC proof investment choices but so far only found below. In 2021, are below still solid PFIC proof choices and are there any others? Bogleheads - &qu...
by Peace
Thu Sep 02, 2021 11:43 am
Forum: Taxes
Topic: Legally Reducing Inheritance Tax
Replies: 16
Views: 6210

Re: Legally Reducing Inheritance Tax

Great topic, summary and thread! I recently learned about 「おしどり贈与」 (Oshidori Zo-yo). Official name is 「贈与税の配偶者控除」. In summary, for those married for over 20 years, one-time tax-free gift of house or funds of value up to 20M JPY [SEP29 Edit] to buy a house is possible. Key requirements are 1) it's fo...