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Are land and buildings obtained by inheritance easy to dispose of?

by Aki Kojima | Sep 4, 2024 | Inheritance & Gift

You may acquire land as assets by inheritance. Once you pay the estate taxes, you own and can use it. However, can you end up with only a positive return? Even if you get the land as an asset, you may still be subject to regrets and stress. To avoid these disasters,...

Understanding JP PINT: A Guide to Digital Invoicing Standards in Japan, Featured in Kigyoujitsumu, September 2023

by Aki Kojima | Sep 3, 2024 | Individual & Freelancers, Companies

In the September 2023 issue of the monthly “Kigyo Jitsumu” (企業実務) magazine, we have contributed articles in Japanese on “Japanese Domestic Standards for Digital Invoice” and “What is JP PINT.” The article summarizes information for...

Tax-Free of Inheritance: Lands of Small Shrines in the House 

by Aki Kojima | Sep 2, 2024 | Inheritance & Gift

Certain types of property are tax-free of Inheritance Tax in Japan. Whether or not the property falls under the tax-free category depends on its contents. One of the most distinctive features of the estate is a Shrine within a garden, called 庭内神し(Teinai Shinshi) in...

New Tourist Tax 2023 in Nagasaki Japan

by Aki Kojima | Aug 28, 2024 | Individual & Freelancers

Let me tell you about the new “Tourist Tax” introduced by Nagasaki City in April 2023. This tax will be taken when an individual goes on a trip. This tax is supposed to be used to promote tourism, but what exactly does it entail? Taxable subject and tax...

Suggestion of Cryptocurrency Evaluation in Taxation in Japan 2024

by Aki Kojima | Aug 25, 2024 | Companies

Introduction: A New Era of Cryptocurrency Taxation The dynamic world of cryptocurrency is ever-evolving, and Japan is no exception. The country’s stance on cryptocurrency taxation has seen significant shifts, with the latest updates from the Liberal Democratic...
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