RetireJapan

Hi all,

I have been told as it currently stands, my family and I (3 siblings with no links to Japan) will each receive about 750000 AUD (73,000,000) JPY.
Would I be right in saying that I could deduct 24,000 + 30,000 as non taxable and I would then be taxed on the remainder 19,000,000 JPY?

Cheers

Tkydon, Thank you so much for this. At the moment, most of my portfolio consists of listed investment companies (AFIC, ARGO and a few others) All of my portfolio is set to a Dividend Reinvestment Plan (DRP) so the text is automatically taken out from the stocks However, AFIC and one other LIC I own ...