tax » income

I've been trying to learn about income tax if setup a G.K. to work as a self-employed consultant. I could use some help me understand the following. I believe the income will fall under corporate income tax as described on this JETRO webpage. I assume that I can receive the income from my G.K...

Hi, apologize to bother , and I seem can not find a place to ask, decided to give a try at this forum for expats living in Japan I tried to google this topic, but not be able to find any single discussion or answer on this topic regarding how to report K-1 on Japan tax return. As a US citizen...

Based on the Guide to the Taxation of Foreign Currency and my earlier question I'm trying to figure out how to minimize/eliminate the headache of calculating foreign exchange gains. Given a taxpayer in Japan who is investing in securities (stocks, ETFs, mutual funds, etc.) in a currency other...

For simplicity, let's assume the USD/JPY exchange rate is constant, and interest is distributed at the end of the year. (I am not a US national.) I buy $100 of a bond ETF with a 10% yield on January 1st. At the end of the year, I receive $10 in dividends. According to my Japanese broker, the...

I'm tried searching around for this, but couldn't find an answer. I was looking through my bank statements and noticed that my final paycheck from my U.S. job hit my bank account after arriving in Japan. Is this taxable? I assume not since the work wasn't performed while I was a Japan resident.

Hi there! This sub-reddit has always been so helpful so I wanted to come back with just a couple final Qs that I haven't been able to find answers to after a lengthy search... Quick background: Spouse is on a work visa in her first year in a senior administration position at an international...

First time I’ve ever used the online Etax to do my return. It was super easy to fill out, but when I clicked to complete the return, it said my name was too long, and I’d have to print it out, write my name in by hand, and bring it to the tax office. Is there something I’m missing? How do...

Hi, for many years prior to moving to Japan I have been running a single-member LLC based in the US, taxed as a partnership with one US-based customer. My company’s bank account is based in the US in USD and I don’t remit any of that money to Japan. Since I’m on a non-permanent resident visa and...

Case : In Japan , we will be in 33% tax slab after 9 millions Yen Salary overall . What if we request company to give 7 millions salary and 2 millions stock option. 1) Will it work like I assume to pay taxes only on 7 Millions , so will be in 23% tax slab ? 2) Do company usually agree...

I'm 30 (M) and currently making a little more than 8 million a year with 4 years of experience in Japan as a software engineer. From next year, my goal is to earn at least 12 million per year. I'm not in AI and don't have enough competitive programming skills, so the top companies (Google...

I’m an American living in Japan on a work visa. I’m employed full time at a Japanese company. I file taxes in the US but I don’t make enough to pay anything. As of right now, I am thinking I will be staying in Japan long term. I have a Japanese partner of 3.5 years, but unfortunately we can’t...

Disclaimer and sources The information in this post is provided solely for discussion and entertainment purposes. It is no substitute for professional advice and should not be relied upon. The post is based on a wide range of sources, but the sources I found most useful were: NTA’s explanation...

Searched the sub, wiki, and various sources, but haven't been able to find a clear answer, so hoping someone here can help. If a non permanent tax resident of Japan were to remit Japan-source income (net income from regular company employee salary, after tax) to country X and subsequently spend...