Foreign Tax Credit for Shanghai Value-Added Tax on Real Estate Sales

This is Murata Sogo Tax and Accounting Office, a tax firm based in Miyakojima-ku, Osaka, specializing in inheritance and international taxation.In this article, we will discuss whether the Shanghai Value-Added Tax (VAT) imposed on the sale of real es...

Can Contributions to U.S. IRA and 401(k) Plans Be Deducted from Miscellaneous Income or Temporary Income?

This is Murata General Tax and Accounting Office, a firm based in Miyakojima-ku, Osaka City, specializing in inheritance and international taxation.In this article, we summarize the Japanese tax implications of receiving benefits from 401(k) and IRA...

Taxation for Americans in Japan Receiving Salaries from American Companies

Murata Sogo Tax Accounting Office, specializing in inheritance and international taxation, is located in Miyakojima Ward, Osaka City. In this article, we will explain the taxation of foreign nationals residing in Japan who receive salaries from fore...

Documents to be Attached When Foreign Corporations File Corporate Tax Returns in Japan

Murata Sogo Tax Accounting Office, specializing in inheritance and international taxation, is located in Miyakojima Ward, Osaka City.This article summarizes the documents required for foreign corporations to file corporate tax returns in Japan. 1. C...

Consumption Tax on Payments for Google Gemini Paid Edition

We are Murata Sogo Tax & Accounting Office, specializing in inheritance and international taxation, with an office in Miyakojima-ku, Osaka. This tax article is about Gemini, a generative AI service provided by Google.Gemini has a web app version for...

Executive Compensation as an Expense

Murata Sogo Tax Accounting Office is located in Miyakojima-ku, Osaka City and specializes in inheritance and international taxation. This time, we will write about the taxation of executive compensation related to corporations, especially the relati...

Taxation on the Foreign Shares by a Foreigner Living in Japan

We are Murata Sogo Tax & Accounting Office specializing in inheritance and international taxation in Miyakojima-ku, Osaka City.In this issue, we would like to introduce the treatment of the sale of foreign stocks by foreign nationals residing in Japa...

U.S. Withholding Tax on Remittances from a U.S. IRA Account to Japan

We are Murata Sogo Tax & Accounting Office, specializing in inheritance and international taxation, with an office in Miyakojima-ku, Osaka City. In this issue, we will discuss the treatment of U.S. withholding tax when remitting funds from a U.S. IR...

海外に会社を保有している外国人に関する課税

We are Murata Sogo Tax & Accounting Office, specializing in inheritance and international taxation, with an office in Miyakojima-ku, Osaka. Recently, we often receive the following questions. 1. Question I am a foreigner who is a resident (permane...

For Those Who are Troubled by the Tax Office Pointing out “Foreign Exchange Gains"

We are Murata Sogo Tax ＆ Accounting Office, a tax accounting firm specializing in inheritance and international taxation, with an office in Miyakojima-ku, Osaka City. Recently, we have been receiving a number of cases where the tax office has point...