Inheritance tax and gift tax in Japan

In this article, we will explain inheritance tax and gift tax in Japan.

-Inheritance Tax
Inheritance Tax is levied on the inheritance of assets upon the death of a person. It is relevant to non-resident individuals as well. Even a non-resident individual of Japan is taxed for assets in Japan including real estate. If real estate is held through a Japanese company, the shares issued by the Japanese company are subject to Inheritance Tax.

-Gift Tax
Gift Tax is taxed on individuals who acquire assets by gift and can be relevant to non-resident individuals. Gift in Japan of real estate or money for the purposes of purchasing real estate is taxed.

Please visit the following website for each tax rates.
https://global.mf-realty.jp/en/tax02.html