Domestic and foreign taxes
and related procedures
“Protecting” and “preparing” for customers’ overseas assets,
And “leave” assets to successors living overseas,
With the remaining assets, “family can live peacefully”, “increase”, “use”…
We at GEPAS biz are committed to helping our clients meet the
various needs of their international assets and reduce the procedural
and emotional burden of taxation of their family’s international assets.
The professionals at GEPAS biz have many years of experience and
know₋how in domestic and international asset management.
Based on this solid expertise, we are able to provide a full range of
services for both domestic and international asset management issues.
If you are considering the following, please contact us at “GEPAS biz”
,our tax accounting firm.
Biz category
Customers living abroad
(Inheritance/Gift)
Want to plan for the inheritance of their family members living in Japan.
Planning to make a gift from parents residing abroad to children residing in Japan for house acquisition, education, etc.
Would like to consult with us about the procedures for setting up a trust and probate in the U.S.
Considering inheritance procedures in various countries and preparation of wills for both Japanese and overseas assets.
＊Need to prepare inheritance and gift tax returns overseas
(income tax)
＊Need to file tax returns in Japan and local countries because I have
income from real estate or companies in Japan
＊Need to file an income tax return in Japan or a local country
because of income from overseas financial products or real estate,
etc.
Want to file local procedures for local withholding tax, etc., when selling overseas assets.
Need to file a tax return in Japan or a local country because of undeclared income or assets from overseas assets from the past.
(Other correspondence)
＊Those who want to return to Japan but are unsure about Japanese
taxation
＊Those who want to know about individual taxation in the local
country.
＊Those who are thinking of setting up a trust (trust).
Customers residing in Japan with property abroad
(Inheritance and gift)
Would like to plan for the inheritance of family members, including overseas heirs, little by little.
Planning to give gifts from parents in Japan to their children overseas for house acquisition, education, etc.
Consultation on setting up a U.S. trust and probate.
＊Considering inheritance procedures in various countries and
preparation of wills for Japanese and overseas assets
＊Need to prepare reports to the IRS when a non-resident acquires
U.S. asset
＊Need to prepare an inheritance tax return and gift tax return for
overseas
(Income tax)
＊Need to deal with expatriation tax and tax deferment because of
overseas migration
＊Need to file tax returns for incentives such as RSUs, Stock Option,
ESPP, etc.
＊Want to request the preparation of a foreign property report.
＊Need to file tax returns in Japan or local country because of
income from overseas financial products, real estate, etc.
＊Need to file a tax return in Japan or a local country because of
undeclared income or assets from overseas assets from the past.
＊Need to complete local procedures for local withholding tax, etc.,
when selling overseas assets.
(Other correspondence)
＊Received a letter from the tax office asking about overseas
remittance, etc., or reviewing/confirming the foreign assets
record, etc.
＊Need to take individual action for CRS
(Common Reporting Standard)
＊Received a notice of tax audit on overseas assets.
Clients with heirs living abroad
We would like to know what the inheritance tax will be for our children residing overseas.
＊Japanese and foreign gift taxes on overseas remittances of real
estate purchase funds and education funds from Japan to children
residing overseas.
lifetime asset succession
＊Considering implementing measures to inherit inherited assets
based on overseas local legal tax and Japanese legal tax.
＊Establishment registration and management of trusts of assets in
the United States and overseas
＊hose who want to know about tax related to overseas
transactions, transfer of assets overseas, shareholder and
executive tax treatment in the case of starting a business