Receiving Gifts or Inheritance from Abroad: Tax Implications for Expats
Receiving money from parents abroad or inheriting family assets can trigger unexpected taxes in Japan. We break down the crucial difference between “Temporary” and “Unlimited” taxpayers, explain the 1.1-million-yen gift exemption, and guide you through the rules to protect your family wealth. Why a “Gift” Isn’t Always Free I still remember the conversation I had…