At a business seminar last week, I met a tax consultant from the Tokyo office of Earnst and Young. Naturally I use every opportunity to gather information. The guy confirmed that the NTA is...

Yes, do you feel my pain? And from next year onward the marginal tax rate goes up to 52% (national + local tax) for 30 years - to finance the reconstruction after 3/11. Every Yen above 18 MJPY is...

They are not double taxing. For taxes due on income abroad, they give you a full credit for the taxes you may have paid abroad. It's for all types of income. I have an apartment in my home country....

I understand where you come from, but this is a much different subject: The fairness of the Japanese tax system against foreign residents. I could give you many more examples how a foreign resident...

I fail to see what your comment has to do with my post.

I was suggesting to summarize the known facts about Japanese tax laws and NTA activities so that new readers don't have to go through more...

In addition to "opinions", there is a lot of useful "factual" information in this thread, such as


the rules regarding the taxation of worldwide income for permanent residents,
the upcoming...

I roughly know what I would have to pay when getting "nabbed", and it's too much of a risk for me. Hence I decided a while ago voluntarily to clear the mess up. No questions asked. Better sleep since...

That's another point for me as well. I want to transmit money between Japan and my home country (both directions) without being worried that the taxman is knocking at my door and asking where is it...

They for sure have the right to investigate and if deemed necessary audit anybody residing in Japan, to go back 7 years, to demand to be presented with all accounts and assets abroad, and if they...

Exactly, and the tax office knows this. How would I look for "targets", if I have limited resources? I would look for long-term residents with a "considerable" income in Japan, but never have...

If you have been staying in Japan longer than 5 years, any income abroad is taxable. Regardless the source, (dividends, interest, capital gains, employment income, etc) it comes on top of your local...

Just back from my tax accountant, who also happens to be a lawyer, submitting the documentation for the 2012 tax declaration which is due until March 15. Asked him a few questions related to the...

I was in a "similar" situation. Maybe less serious.

After I had all my documents for the PR application ready, the immigration lawyer who handled the application for me, found out that I got a...

Yes, but let's not forget: It's your duty anyway, and it comes with peace of mind.:D

Unlikely, but not impossible. There are many other factors that can trigger an audit. Depending on the type of cooperation of the national tax authority in your home country and the NTA, taxable...

Very old news. This was already discussed in this thread. It's also a bit misleading how you put it:

- The reporting duty starts as of 1 January 2014.
- Every permanent tax resident has to...

because ....

- they increasingly target foreign tax payers knowing that some/many/most (take your pick) do not declare their income abroad as they should (this is the assumption that started...

This is misleading in the way you put it. The point is that certain national tax authorities do report individual cases to the NTA proactively. If they become aware that one of their nationals is...

We are back to your old storyline. ;) Surely most gajin don't have an income that puts them on the regular radar screen of the NTA for an audit, and surely avoiding transactions in and out will...

Investigate means what? Someone at the local tax office is checking randomly a certain number of returns for consistency? But could they actually "audit" as we discuss it in this thread every year 5%...

I am in a similar situation. My income from sources abroad is exceeding my employee income in Japan. I have to file here in Japan every year, and I am using for 20 years now a Japanese accountant. In...

Anybody has more information about the new law/regulation that comes into effect in 2014 regarding the declaration of all your assets in your annual tax return, if the exceed 50 MJPY (or something)?...

If you have been staying longer than 5 years in Japan, you have to declare any income abroad worldwide regardless how much you earn in Japan.

I am with rakuten. It's directly linked to my Shinsei bank savings accounts, I can access both with 1 log in. Rakuten is cheap and fast.

It's the annual NTA report, they publish it every year, also in English. It's full of statistics, some of them with the intention to scare tax dodgers, but the 2012 report contains nothing new in...