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Tags : inheritance

Family constitution vs Civil Codes

Generally speaking, after the World War II, the winner countries were worried about the Japan’s recovery in terms of its economy. Especially wealthy families were potential powers. Therefore, after the Shoup Report recommended Japanese governments’ reconsideration of its tax system, the government imposed the high inheritance tax ratio, This hit influential families and they have, …

Why family firms have been acquiring real estate in Japan?

Nowadays, even though COVID pandemic has been influencing the market, real estate investments has remained strong and bullish. Investors have been hard to acquire good properties suitable to their investment criteria.   Looking at past a couple of years, especially since the COVID pandemic started, some sectors of investors have been very aggressive and got …

Low inheritance tax ? or high profit? – JPs family business dilemma-

President Henry, who owns and manages the company Dash, asked Mr. Inamori* the following three questions. Tax advisor encouraged us to make business loss, to reduce the share price, so that we can minimize the inheritance tax, should we follow his advice? Is that justified that company assets are liquidated to pay inheritance tax ? …

Annoying parents / siblings and civil code.

Should I get along with my hated parents and siblings, or do I have a good relationship with them? but··· As many of my clients have asked this and I have told them” you don’t have to forcibly get along with those unpleasant parents and siblings.” If you don’t want to see their faces, you …

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