Receiving money from family and gift tax

6 comments

1. Someone else will comment for sure, but I thought there are exemptions for paying for things like food and basic living expenses. For gift tax 1.1M JPY is the threshold per year I believe.

2. When I was a language school student my family sent me a few 万s a month to cover my rent. Never had to declare that, never had any trouble. I think receiving money to cover living expenses doesn’t count as “gift”.

3. Probably the money you are getting isn’t even worth the paperwork a tax agent would be ready to spend to get anything back.

   And if they ask, you can probably let it pass as living expense. (Which is true in your situation)

   Unlikely you get trouble. But you can always go to the tax office and ask them.

4. I wouldn’t worry about it..

5. I wired a lot more of that to my account here. Got a phone call from the bank.

   The woman from the bank just asked, as if hinting to me to say ”yes,” if it was for living expenses 生活費.

   “あー、そうです。“

   End of call.

6. Nothing to do.

   Parents can pay for living expenses without taxation. Rent, education, food, finding job etc. You do not need to declare any of it.

   In addition, gifts have an exemption of 1.1 M per year, but what you receive is not a gift unless you use it as a gift (invest it, spend it on luxuries, etc).