{"version":"1.0","provider_name":"WealthPark","provider_url":"https:\/\/wealth-park.com\/en","title":"Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 2) - WealthPark","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Dq5tPovaQd\"><a href=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/20230712personal-company-tax2\/\">Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 2)<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/20230712personal-company-tax2\/embed\/#?secret=Dq5tPovaQd\" width=\"600\" height=\"338\" title=\"&#8220;Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 2)&#8221; &#8212; WealthPark\" data-secret=\"Dq5tPovaQd\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/wealth-park.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/wealth-park.com\/wp-content\/uploads\/2023\/06\/3.jpg","thumbnail_width":1200,"thumbnail_height":675,"description":"We are often asked a question by our overseas clients who are planning to invest or relocate in Japan : From a tax perspective, is it more advantageous to purchase Japanese property under an individual name or a company name? This issue involves complex tax regulations and personal circumstances. We will explore this topic and provide a comprehensive analysis to assist our clients in making informed decisions. In Part 1, we have introduced the tax comparison between individuals and companies when it comes to purchasing, holding, and selling properties in Japan. In Part 2, we will discuss the differences between individuals and companies in terms of inheriting and gifting properties. Comparison of taxation for individuals and companies inheriting real estate &#8220;Inheritance tax&#8221; is a tax imposed on inherited assets. Since 2015, the basic tax exemption amount for inheritance tax has been modified, resulting in an increased number of individuals subject to inheritance tax. Therefore, inheritance tax has become more important for property owners to consider. \u2605Even if the deceased property owner is a foreigner, regardless of the nationality or residence..."}