tax

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O.S
Newbie
Posts: 11
Joined: Fri Apr 01, 2022 6:15 am

tax

Post by O.S »

Hello,

For my understanding, as a foreigner living here in Japan, I need to pay tax on capital gain if I own a stock in my home country ( not US ).
DO I need to pay capital gain tax on the stock if it is in a pension account in my home country?

Thanks
Tkydon
Sensei
Posts: 1313
Joined: Mon Nov 23, 2020 2:48 am

Re: tax

Post by Tkydon »

You do not need to pay capital gain tax on the stock if it is in a pension account in your home country, until you take a distribution from the pension account.

The method of taxation will depend on whether you take a Lump Sum, or the pension account provides monthly pension payments, or whether you purchase an Annuity which then pays monthly pension payments.
:
:
This Guide to Japanese Taxes, English and Japanese Tai-Yaku 対訳, is now a little dated:

https://zaik.jp/books/472-4

The Publisher is not planning to publish an update for '23 Tax Season.
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