Spouse A: Japanese Citizen, Previously U.S. Resident and since renounced residency, now a U.S. Non-Resident Alien (NRA)
Spouse B: U.S. Citizen, Japan Non-Permanent Resident
U.S. Tax Filing: Married Filing Jointly
Spouse A has no U.S. income
Spouse B All money and income earned is deposited into a Joint bank account without remitting it to Japan was earned by Spouse B
Spouse A and B have a dual citizen child living in the U.S., who has not lived in Japan in more than 10-years and is getting married.
Spouse A gifts the maximum U.S. non-taxable gift of $18,000/per year to the child for the wedding from the Joint Bank Account as an NRA
Spouse B also gifts the maximum U.S. non-taxable gift of $18,000/per year without it applying to Spouse B’s lifetime max
Although slightly different in the U.S. on how the gift is treated between a NRA and U.S. citizen/US Resident, I’m curious how does Japan view this gift?
by BriefExisting3952