Case Studies
We introduce to you below, a few examples of those who actually received large amounts of tax refunds by making their claims.
Case Study 1（Mr. N）
| Residential Country | United States |
|---|---|
| Transfer Real Estate | Residential purpose condominium in Tokyo （Home when residing in Japan） |
| Occupation | Employee posted overseas （no. of years overseas 20 years） |
| Transfer Price | 150,000,000JPY |
| Withholding Tax | 150,000,000JPY×10.21％＝15,315,000JPY |
| Transfer Income | 44,500,000JPY |
| Income Tax | 4,500,000JPY×15.315％（Long-Term） ＝approx. 700,000JPY |
| Tax Refund Amount | 700,000JPY－15,315,000JPY ＝14,615,000JPY |
Case Study 2（Mr. F）
| Residential Country | Singapore |
|---|---|
| Transfer Real Estate | Investment purpose condominium in Tokyo |
| Occupation | Asset-holder |
| Transfer Price | 350,000,000JPY |
| Withholding Tax | 350,000,000JPY×10.21％＝35,735,000JPY |
| Transfer Income | ▲7,000,000JPY |
| Income Tax | 0JPY |
| Tax Refund Amount | 0JPY－35,735,000JPY＝35,735,000JPY |
As you can see above, withholding tax may be reclaimed by making refund requests.
Please consult an international tax accountant to learn about the possibilities of claiming refunds.
「！」（Notes）
Refund claims have an expiration date (refunds may only be claimed for 5 years after the deadline of tax returns).
Make your free consultation quickly before your refunds become unclaimable!
