Gift Tax/Inheritance Tax Japanese National -> Non-Japanese National
Posted: Mon Apr 05, 2021 4:29 am
Hello,
If Person A is a Japanese national and domiciled in Japan, and they give a cash gift (over the gift tax-amount) to a non-Japanese person abroad is there any gift tax liability on either end?
Similarly, if Person A leaves an inheritance to Person B, and Person B is a non-Japanese national who has never resided in Japan, from a country with no inheritance tax, does either Person A (or their estate) or Person B have a tax liability in Japan?
....
Basically, if a Japanese grandparent has grandchildren abroad that are not Japanese and have never lived in Japan, do they need to worry about tax on gifts or inheritance?
If Person A is a Japanese national and domiciled in Japan, and they give a cash gift (over the gift tax-amount) to a non-Japanese person abroad is there any gift tax liability on either end?
Similarly, if Person A leaves an inheritance to Person B, and Person B is a non-Japanese national who has never resided in Japan, from a country with no inheritance tax, does either Person A (or their estate) or Person B have a tax liability in Japan?
....
Basically, if a Japanese grandparent has grandchildren abroad that are not Japanese and have never lived in Japan, do they need to worry about tax on gifts or inheritance?