Search found 9 matches

by bbkennyd
Tue Aug 23, 2022 12:00 am
Forum: Taxes
Topic: Tax implications for sending large sums from US to Japan bank?
Replies: 11
Views: 2215

Re: Tax implications for sending large sums from US to Japan bank?

I realize this thread is quite dated, but it has some interesting questions that never appear to have been resolved. I'm just curious about the outcome and have a few related questions. 1. If the seller is a tax resident of the US how can Japan tax the remittance? Article 16 of the treaty appears pr...
by bbkennyd
Fri Aug 05, 2022 9:57 pm
Forum: Real Estate
Topic: Dog friendly?
Replies: 5
Views: 1306

Re: Dog friendly?

Thank you to all for your honesty in assessing the situation and for taking the time to reply.
by bbkennyd
Tue Aug 02, 2022 5:45 pm
Forum: Taxes
Topic: Foreign Pension Tax Ramifications
Replies: 31
Views: 6289

Re: Foreign Pension Tax Ramifications

The problem is that in Article 2 lists only "income tax" and "corporate tax" as covered by the tax treaty. In Japan, there's shotoku zei (national income tax) and also jyumin zei (local inhabitant tax). I am very curious about the jyuminzei mentioned above. It makes sense that a...
by bbkennyd
Thu Jul 07, 2022 11:30 pm
Forum: Taxes
Topic: Japanese wife on title on US house
Replies: 5
Views: 802

Re: Japanese wife on title on US house

I agree with @ClearAsMud. You gifted your wife part of the property - how much she owns is likely half, but depends on how you took title and what state the property is located in. I would simply add that the gift was potentially taxable in the US as well. In the US, there are various limits for gif...
by bbkennyd
Wed Jul 06, 2022 3:22 pm
Forum: Taxes
Topic: Japanese wife on title on US house
Replies: 5
Views: 802

Re: Japanese wife on title on US house

Wow, this is a complex puzzle that you have presented. I'm definitely curious how this shakes out for you. I think you should consult with a estate lawyers on both sides - lawyers familiar with the tax treaty and, on the American side, preferably in the state where the property is located. I'm just ...
by bbkennyd
Fri Jun 17, 2022 3:59 am
Forum: Real Estate
Topic: Dog friendly?
Replies: 5
Views: 1306

Dog friendly?

When I lived in Japan 15 years ago I never paid attention to how dog friendly Japan was. As I'm considering my move back I'm curious if I could get some advice in this department. I've discussed this with a realtor in Hiroshima and he said in the city it is difficult to find a manshon that will acce...
by bbkennyd
Fri May 20, 2022 5:46 am
Forum: Taxes
Topic: Cash gifts between spouses
Replies: 29
Views: 11973

Re: Cash gifts between spouses

Beaglehound wrote: Fri May 20, 2022 3:39 am
Might be best in that scenario to use a US account in your own name for such deposits, then remit to your account here. Once it’s here, no problem for your wife to access it for living expenses.
Fantastic! What are the odds that the rest of this process will be this easy?
by bbkennyd
Thu May 19, 2022 11:59 pm
Forum: Taxes
Topic: Cash gifts between spouses
Replies: 29
Views: 11973

Re: Cash gifts between spouses

Fascinating topic. I'm new to the site. Made an initial and lengthy reply post in the dummies section. This "gift" area is a topic that I am very curious about. I wonder how far back the "gift" might be traced. We currently live in California. I'm a US citizen and my wife is a US...
by bbkennyd
Wed May 18, 2022 5:46 am
Forum: RetireJapan for Dummies
Topic: Moving to Japan Upon Retirement?
Replies: 7
Views: 1843

Re: Moving to Japan Upon Retirement?

I'm new to this site. I really like this forum, it is incredibly interesting and threads such as these are very helpful for those of us considering retirement in Japan. I am in a similar position to those on this thread. I am a US citizen. My wife is a Japanese citizen (PR in US.) We are roughly thr...