Search found 3 matches
- Tue Jun 18, 2024 7:44 am
- Forum: Taxes
- Topic: Japanese Tax on IRA Distribution...
- Replies: 3
- Views: 495
Re: Japanese Tax on IRA Distribution...
Thank you. I see that the prevailing wisdom is that IRA's should only be taxed on distribution by Japan. Now, having paid double tax, I wonder if there is any chance of me succeeding with a refund claim? I'm not hopeful, since there are no crystal clear statements of the policy with regard to tax on...
- Sun Jun 16, 2024 2:52 pm
- Forum: Taxes
- Topic: Japanese Tax on IRA Distribution...
- Replies: 3
- Views: 495
Japanese Tax on IRA Distribution...
There have been a few questions recently about how Japan taxes IRAs. I have some recent, unpleasant experience related to this. On March 15th, at the tax office, I was told that I owe tax not only on the gains (interest and dividends) in my IRA, but also a distribution I took from that same IRA. An ...
- Sun Jun 16, 2024 2:26 pm
- Forum: Taxes
- Topic: Roth Conversion for Japanese Citizen
- Replies: 1
- Views: 394
Re: Roth Conversion for Japanese Citizen
I came to this forum to learn about how Japan taxes (regular) IRAs. At my last visit to the tax office here in Japan, my first after becoming a permanent resident for tax purposes, I was told I must pay taxes both on the income in my IRA *and* a distribution I took last year. That, in a sense is tax...