Non-permanent resident, we remitted some money into Japan while we will be receiving interests from foreign bank savings accounts. The amount remitted is higher than the interests, so we will declare the total amount of interests we received abroad.
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I'm struggling to figure what conversion rate should be used. If the remitted amount was lower than the interests received, we would use the rate on the day of each transaction/transfer. But in our case, is it the one of the day we received the interests? As you all know, the value differs greatly this year, it makes quite a difference.
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Interests accumulated during 2025 will reach our account in January 2026. Should they be declared this year, or next year? Using the exchange rate from January 2026 for money remitted in 2025 seems unfair, but so is life.
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Some interests are automatically taxed in the other country, should they still be declared in Japan? There is a tax treaty between the 2 countries to avoid double taxation, it says we should declare them in Japan, but we know we won't be able to get a refund from the other country (we tried, they keep asking for documents that don't exist).
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Can anyone confirm these remitted interests are included for the 1.23 million threshold for dependent's health insurance?
Thanks!
by heygeorgie666