JITACS - TIPS - Taxes in Japan - Taxpayer of Inheritance Tax (Souzoku Zei) in Japan

Taxpayer of Inheritance Tax (Souzoku Zei) in Japan

Last Update 2012/1/6

Inheritance Tax

Inheritance Tax has to be paid by the person who receives properties.
Inheritance Tax is imposed when an Taxable Estate (not the amount the successor receives) is more than Basic Deduction Amount. Basic Deduction Amount depends on number of legal successors. Until the end of 2011, the amount is JPY 50 million + number of Legal Successors * JPY 10 million yen. It was planned that the Basic Amount to be reduced to JPY 30 million + number of Legal Successors * JPY 6 million yen, but because the change is suspended for now.

The taxpayer of Inheritance Tax is as follows:

Successor \ Deceased		Has a Residence at the time of death	No Residence at the time of death
			Japanese Nationality		Non-Japanese
			Had a Residence in the last 5 years	No Residence in the last 5 years	Non-Japanese
Has a Residence at the time of death		World-Wide	World-Wide	World-Wide	Japan Source
No Residence at the time of death	Had a Residence in the last 5 years	World-Wide	World-Wide	World-Wide	Japan Source
No Residence at the time of death	No Residence in the last 5 years	World-Wide	World-Wide	Japan Source	Japan Source

Residence (Jusho) is a very important factor for the Inheritance Tax.

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