Frequently Asked Questions

【Koshida Accounting Firm Column Date:

Do U.S. non-permanent residents need to file a Japanese tax return?

It depends on your circumstances. If you are a U.S. non-permanent resident living in Japan, you may need to file a Japanese tax return if you have Japanese-source income or foreign-source income that becomes taxable under Japan’s remittance-based taxation rules. Preparing the return often requires calculating remittances, identifying each category of U.S.-source income, determining the cost basis of your investments under Japanese tax rules, and claiming foreign tax credits where applicable.

 

 

For more details, please refer to our blog, “How to Prepare a Japanese Tax Return for U.S. Non-Permanent Residents.”