Recently, Nerima Ward, Tokyo, Japan, faced a reassessment, resulting in approximately 37 million yen in additional taxes. Various opinions have surfaced regarding the burden on public officials, with some expressing concerns about the heavy load while others deem it...
Let’s see the jobs the National Tax Agency(NTA) required back taxes from 2019 to 2021 and consider the risk of additional taxation in Japan. In doing accounting treatments, we always think in the back of our heads about tax investigations. It requires you to pay...
It would be best if you kept receipts for funeral services, as they will be helpful in subsequent inheritance tax filings and for proving advances to other family members.However, what if there are expenses for which you cannot get a receipt? Examples of expenses for...
In calculating Inheritance tax, certain liabilities can be subtracted from the assets you inherit.Assets are cash, for example. And liabilities must be paid on behalf of the person who is gone. If a person inherits JPY100 million and has JPY50 million in debt, the tax...
Japan Tax Consultant Osaka English Available Navigating the complexities of tax regulations in Japan can be a daunting task, especially for those who are not fluent in Japanese. Whether you’re unfamiliar with the Japanese language living in Osaka, Japan, or a...
