Question #197
Japanese inheritance law applies to Japanese living overseas?
1. Japanese national living 30 years outside Japan (permanent tax residence outside Japan) - only going to Japan for short summer holiday every year. 2. All assets are outside Japan. 3. Has a will in country of residence. 4. Heirs are Japanese nationals with permanant residence in the same country outside Japan and non Japanese nationals. Question 1: Is this Japanese national or any of the heirs subject to Japanese inheritance tax laws? Question 2: If any assets in the above situation are IN Japan, does that change anything? Arigato for your advice
Category: Inheritance
2021-07-21 11:31
Answer #1
2021-07-30 12:07
For question one, wherever the will was made, or the decedent died, Japanese inheritance laws (Civil Code) and inheritance tax laws would apply if the decedent was a Japanese citizen. However, suppose the decedent and its heirs meet all of the following conditions from 1 to 3. In that case, no inheritance tax will be imposed on property outside of Japan. 1. Th...
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Ryosuke Kimura
Attorney-at-law & Tax Accountant