Search found 16 matches

by ayetobee
Wed Feb 14, 2024 2:43 am
Forum: Taxes
Topic: Recommendation of tax accountant
Replies: 12
Views: 4574

Re: Recommendation of tax accountant

Beaglehound wrote: Tue Feb 13, 2024 11:13 am
To do what?
The tax return for 2023 for both my wife and I.
by ayetobee
Wed Feb 14, 2024 2:33 am
Forum: Taxes
Topic: Recommendation of tax accountant
Replies: 12
Views: 4574

Re: Recommendation of tax accountant

Thank you for this list, it has been very helpful. I contacted all the most appropriate to my situation (not a US citizen, living in Japan for less than five years, only one job). I have been very surprised with the cost, the two who quoted their price up front were between 150,000 yen and 210,000 ...
by ayetobee
Tue Feb 13, 2024 9:04 am
Forum: Taxes
Topic: Recommendation of tax accountant
Replies: 12
Views: 4574

Re: Recommendation of tax accountant

Thank you for this list, it has been very helpful. I contacted all the most appropriate to my situation (not a US citizen, living in Japan for less than five years, only one job). I have been very surprised with the cost, the two who quoted their price up front were between 150,000 yen and 210,000 y...
by ayetobee
Sat Sep 30, 2023 12:50 am
Forum: Taxes
Topic: Australians, let’s chip in for a willing and competent Tax Lawyer w
Replies: 51
Views: 25325

Re: Australians, let’s chip in for a willing and competent Tax Lawyer w

Nowadays I just submit everything to my Japanese accountant and let him handle all the details. Hi Tokyo - I was wondering if you are willing to share the Accountant's details and/or your opinion of them? I am in the process of trying to find a well-considered expat accountant, I have a great one i...
by ayetobee
Wed Apr 20, 2022 11:37 pm
Forum: Taxes
Topic: Dividend Reinvestment taxation
Replies: 6
Views: 4982

Re: Dividend Reinvestment taxation

If the Dividends are reinvested within the instrument, there is no distribution and no taxable event. That's curious. I have looked into what ETFs provide this and have not found any. If anyone could set me straight here I would welcome the feedback. I am Australian, so I looked into which Australi...
by ayetobee
Mon Apr 18, 2022 12:59 am
Forum: Taxes
Topic: Dividend Reinvestment taxation
Replies: 6
Views: 4982

Dividend Reinvestment taxation

I am trying to find out how ETF dividend DRPs are taxed in Japan. I have found some confusing information and in some cases omitted information. It seems the dividends are taxed if they are distributed, as per the below taken from the 2020 Income Tax Guide, distributed by the Tax Office. Dividends o...
by ayetobee
Mon Apr 18, 2022 12:46 am
Forum: Taxes
Topic: Accumulating ETFs
Replies: 14
Views: 4275

Re: Accumulating ETFs

Please excuse my newbie question, how do you find out if the fund is an accumulating or distributing ETF?
I assume if it lists its distributions, that would tell or is it stated somewhere specifically?
by ayetobee
Mon Apr 18, 2022 12:02 am
Forum: Pension
Topic: How is Australian Superannuation treated?
Replies: 36
Views: 6744

Re: How is Australian Superannuation treated?

UBear The amount you nominate for the fund to pay you on a weekly/monthly/annual basis is considered income by the Japanese Tax Office, with tax subject to the calculations tkydon provided. The monies in the superannuation fund are not considered to be owned by you while they are earning a return. T...
by ayetobee
Thu Mar 03, 2022 4:13 am
Forum: Pension
Topic: How is Australian Superannuation treated?
Replies: 36
Views: 6744

Re: How is Australian Superannuation treated?

I have found out further information on Super. When you switch to 'Retirement mode' the funds are still owned by the Superannuation Trust, held in your name. It does not become your asset, therefore, you do not have to claim it on the Oversees Asset Reporting report. You only need to declare the amo...
by ayetobee
Mon Feb 21, 2022 1:11 am
Forum: Insurance
Topic: Death, TPD and Income Protection
Replies: 0
Views: 8485

Death, TPD and Income Protection

I am an Australian moving to Japan with my wife and family in the next year, to possibly work for a few years and then retire, with no intention of returning to Australia. In Australia, we have Superannuation, similar to 401k and other schemes globally. Within our Superannuation, we are able to have...