On April 1, 2022, the age of adulthood in Japan was lowered from 20 to 18. It was the first time in over 140 years to revise the definition of adulthood in Japan. We would like to talk about what will be different due to the revision, and how it will influence our daily life briefly in this article. Contents 1. When the age of adulthood is lowered in Japan? 2. What is this revision for? 3. What will change? 4. Summery 1. When the age of adulthood is lowered in Japan? The age of adulthood in Japan had been defined as starting from 20 since 1876. However, from April […]

In the last article, we disclosed the answers of the popular questions about the tax related to divorce, the distribution of property and the related tax. This time, as the second part, we would like to share more information regarding “the tax related to donation of residential assets and tax before getting divorce” and “taxation on the dispenser of real property” Contents 1. The tax related to donation of residential assets and tax before getting divorce 2. Taxation on the dispenser of real property 3. Summery 1. The tax related to donation of residential assets and tax before getting divorce It is possible for those who donate the residential assets […]

Recently, we have been receiving more and more inquires about the distribution of property on divorce and the tax of it. This time and next time, we would like to share some information about this matter to you in two parts. Contents 1. Popular questions about the tax related to divorce Q＆A 2. About the distribution of property and the tax of it 3. Summery 1. Popular questions about the tax related to divorce Q＆A Q: We have decided to get a divorce and have reached the agreement of paying the costs of maintaining dependent children. Will I be charged any tax? A: About the costs of maintaining dependent children, […]