3 ms·
> So if you’re in Japan for more than 5 years you maybe taxed on your world wide income? Correct [1], even if you're on a regular work visa. "Permanent residen
by weiming 8y ago
> So if you’re in Japan for more than 5 years you maybe taxed on your world wide income?
Correct [1], even if you're on a regular work visa. "Permanent resident for tax purposes" != "Permanent resident as in visa"
Interestingly, as of 2017, you're taxed on worldwide investment income like selling stock (with some exceptions [2]) even if you're there for < 5 years.
[1] http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Japan-Individual-Residence http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Japa...
[2] https://www.pwc.com/jp/en/taxnews-international-assignment/assets/gms-20170511-en.pdf https://www.pwc.com/jp/en/taxnews-international-assignment/a...