Hey folks,
So I am in the middle of assessing our inheritance tax filing with our zeirishi and have been advised that we need to provide the same details for a foreign property (primary residence of the deceased) as you would for a Japan based property. e.g. Separate valuation of land and building etc but is this actually the case?
The subject property is a unit (I think condo? for many of you) and it is not standard practice for the lot to be valued as such. I was of the opinion that foreign property only needs total valuation for filing purposes but does anybody here have experience with this or could point me in the right direction?
Thanks in advance.
by Muntedpickle