My Japanese wife has a small piece of land in the Japanese country side surrounded by famland. It contains some ancestral graves. She would like to sell the land but there were not takers. Question 1: Could she donate the land the the local Buddhist monastery - if so how can it be done and would it incur any taxation issues? 2. Could she sell the land at a very low nominal price to the local farmers? What are the tax implications of that? Thanks
1. It is possible to donate the land to a local temple. However, even if it is a donation, the temple's approval is required. Suppose the temple is a religious corporation (宗教法人, religious corporations operate most temp...