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...
Be sure to keep receipts for funeral expenses. It will not only help you with your inheritance tax return but also provide proof to other family members when dividing the properties. It is also needed to obtain grants from the health insurance association. As proof to...
Providing goods and services to foreign countries has become common in recent years.This article will summarize Japanese bookkeeping basics when providing services to foreign countries. Make a Record when you sell You record sales on the date the goods or services are...
