How would the NTA look at those that do not file taxes in Japan? Is it better to take income just to meet the minimum tax threshold to file taxes?
Japanese spouse will be transferring some cash we have and proceeds from the sale of our home to Japan prior to arriving in Japan, which should be enough for her and I to live on for the duration of time we plan to live in Japan. She will have been out of Japan for 14 years, long enough to avoid any gift tax liability in Japan from my portion of the assets.
She will also have a U.S. Brokerage account and can sell enough in capital gains each year not to exceed the Japanese personal exemption threshold and therefore pay no income tax.
As a Non-Permanent Resident I can do the same for the purpose of remitting any income to Japan.
Is it better for the both of us to exceed that threshold for the sole purpose of showing we are paying taxes or does it even matter?
by BriefExisting3952