Frequently Asked Questions
【Koshida Accounting Firm Column Date:】
How are Roth IRAs and Traditional IRAs taxed in Japan?
Japan applies its own tax rules to retirement accounts. Distributions from both Traditional IRAs and Roth IRAs may be taxable in Japan, although the cost basis may generally be deductible. The tax treatment can differ significantly from U.S. tax rules.
For more details, please refer to our blog, “Moving to Japan? How Your U.S. Income Will Be Taxed.“