We recently welcomed tax accountant Ms. Yajima, who has extensive experience in handling income tax filings for foreign nationals, as a guest speaker. She gave a detailed and practical explanation on the key considerations when filing income tax for foreigners in Japan.

Foreign nationals in Japan are classified into different residency categories—permanent residents, non-permanent residents, and non-residents—based on their stay status and duration, and the scope of taxable income varies accordingly.
Among these, determining the taxable income of non-permanent residents is particularly complex, as the treatment varies depending on whether funds are remitted and on the type of income, requiring careful handling.

Ms. Yajima also explained how the timing of the purchase of specific securities can affect whether capital gains from their sale are subject to taxation. For such determinations, it is important to verify factors such as securities transaction history and the timing of when residency began

The session concluded with a Q&A segment focused on the actual preparation of income tax returns for foreign nationals. Participants had the opportunity to ask detailed questions, making the seminar a highly informative and practical learning experience.