Frequently Asked Questions
【Koshida Accounting Firm Column Date:】
I heard about remittance taxation in Japan. What is it like?
Japan’s remittance-based taxation rules may apply to individuals who are classified as non-permanent residents for Japanese tax purposes.
In general, certain foreign-source income may become taxable in Japan when funds are remitted to Japan during the same calendar year. The calculation depends on the amount of foreign-source income and the amount remitted, so careful review is often necessary.