Let's say I'm over the 5 year Permanent Residence threshold and I've reported my worldwide assets.
Let's say I made $20k in US stocks but gains are not realized yet, so my capital gains for the year is still $0.
I take a margin loan out for $20k and remit that into Japan.
Is Japan going to tax the $20k unrealized gains I got in the US stock market?
In US, futures get taxed on unrealized gains at the end of the year, even if you sell them. I am wondering if something similar where unrealized gains get taxed anyways apply to Japan capital gains.
by floxik