Familly land donation (in foreign country); taxes in Japan?
my father (in France) decided to pre-donate his land to me (in Japan).
Everything is conform to French laws and taxes will be paid in France.
I read really contradictories information about what I should do in Japan and if taxes must also be paid on this donation here (no money is donated, only land).
Does anyone knows where I should look or who I should contact?
Posted Dec 3, 2022, 4:18 AM UTC
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r/japanfinance will tell you legally what is required. It depends entirely on your tax status in Japan and if you are splitting the inheritance with others etc.
On a personal level, I would do everything in my power to avoid having to pay Japanese taxes. They can rack up very quickly when dealing with foreign real estate depending on the value.
Thanks that looks like a good starting point.