Tag - inheritance

 
 

INHERITANCE

Japan Times
BUSINESS / Economy
Oct 15, 2020
LDP tax chief sees room to tweak ‘terrifying’ inheritance tax for foreign nationals
A local media report earlier Wednesday said the government was considering reducing the inheritance tax for some foreign nationals starting April.
Japan Times
LIFE / Lifestyle
May 19, 2019
Seniors turn to flea market apps to help declutter homes
As seniors worry about leaving the burden of unwanted possessions to relatives upon their death, more are learning to use flea market apps to declutter early.
Japan Times
BUSINESS
Nov 10, 2018
Government considers scaling back tax exemption for education, child care gift program from April
From April the government is considering scaling down the tax exemption for money gifted to cover child care and education costs, people familiar with the matter said Saturday.
Japan Times
BUSINESS
May 15, 2018
Regional banks fight for inheritance to ensure their survival
Where there's a will, there's a way. That's what banks across Japan are counting on as they try to keep hold of the ¥50 trillion in wealth left by their customers each year when they die.
EDITORIALS
Feb 25, 2018
Solve the problem of unclaimed land plots
Unclaimed land plots already occupy an area the size of Kyushu and the problem will continue to grow unless the government takes steps to resolve it.
Japan Times
BUSINESS
Feb 18, 2018
In graying Japan, securities firms target seniors' assets with end-of-life services
Securities firms have been expanding services recently for shūkatsu (end-of-life preparations), as a marketing strategy to appeal to elderly customers.
EDITORIALS
Jan 28, 2018
Right to reside for widows and widowers
The Justice Ministry should ensuring equal treatment to all married couples irrespective of their legal status.
Japan Times
BUSINESS
Nov 13, 2017
Tokyo pushes back on 'bizarre' death tax that deters expats
Considering a work stint in Japan? You'd better make it short, and you'd better stay alive.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 1, 2017
Re-registering property: The lie of the land
According to an article that appeared in the Asahi Shimbun last June, authorities are unsure of the title holders to 4.1 million hectares of land in Japan — in total, an area equivalent in size to the island of Kyushu. Though this problem has been evident at least since the 1980s, the government didn't do anything about it until a few years ago when it appointed a group of scholars to study the matter. The group's results were announced on June 26.
COMMUNITY / How-tos / LIFELINES
Aug 20, 2017
On inheritance tax, net banking and retiring in Japan
This week, Lifelines plays catch-up with some useful tips that have come in from readers over the past few months. However, we start off with a follow-up question from reader S.S. in response to last month's column on recent changes in Japan's inheritance tax laws (bit.ly/jtinheritax) It seems S.S. spends part of the year in Japan and the rest of the time abroad. He writes:
Japan Times
CULTURE / Books
Aug 12, 2017
'Inheritance From Mother': Tackling the taboo of caring for elderly parents
"Mother, when are you ever going to die?"
EDITORIALS
Jul 29, 2017
Land plots with unknown owners
The government needs to take measures to deal more effectively with land plots that remain unregistered.
Japan Times
BUSINESS / FOCUS
May 23, 2017
Inheritance tax avoidance, cheap mortgages driving a rental housing bubble
Apartment construction is booming as the wealthy rush to invest in rental housing as a way to reduce inheritance tax and banks hand out easy mortgages, but concerns are mounting that excessive supply paired with a shrinking population could soon lead to the bursting of the bubble.
Japan Times
BUSINESS / YEN FOR LIVING
Feb 11, 2017
Resorting to adoption to avoid inheritance tax
Revisions to the inheritance tax went into effect in 2015, and related statistics for that year were recently made public by the National Tax Agency.
EDITORIALS
Feb 5, 2017
Tax-avoidance adoptions
A Supreme Court decision effectively condones the status quo. But it should lead people to think about the practice of adoption as a tax-reduction measure.
Japan Times
BUSINESS
Jun 17, 2016
Death and inheritance taxes: Japan's financial advisory firms enter the delicate but bountiful fray
Elderly Japanese, among the world's richest retirees, are flocking to inheritance advisers, tackling historical taboos on discussing death and providing a rare avenue of growth for the country's brokerages and banks.
EDITORIALS
Aug 20, 2015
Time is ripe for inheritance reform
Some Civil Code provisions regarding inheritance date all the way back the Meiji Era. It's time to bring them into the 21st century.
Japan Times
BUSINESS / Economy
Nov 28, 2013
Tax-free gifts unlocking retiree savings
Shoko Iwasaki looked for years for a tax-free way to pass down a lifetime of savings to her grandson. Prime Minister Shinzo Abe has offered the 71-year-old an answer with a program now helping unlock pensioners' hoarded wealth.
JAPAN
Nov 12, 2013
Bill leveling inheritance rights hit for falling short
The Cabinet approved a bill Tuesday to amend the Civil Code so that it will grant the same inheritance rights to legitimate and illegitimate children in line with a Supreme Court decision in September, but critics say it falls short.
EDITORIALS
Sep 6, 2013
Belated justice in inheritance cases
It is unfortunate that it took so long for the Supreme Court to declare unconstitutional a Civic Code provision that discriminated against children born out of wedlock.

Longform

A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world