To my understanding sending money from a foreign account under my name to an a Japanese bank account under my name is not a taxable event. However, if the bank asks for a proof as to where the funds came from, is it enough to show that it came from my savings, or will I need to demonstrate how I earned the savings as well?
I suppose that any “gifts” received before I become a tax residence of Japan are not liable to gift tax. Is that correct?
by CityPauper