In the tax audit of inheritance tax conducted in the year to June, 149 cases of missing declarations and hidden income of assets overseas were found, and it was found in the National Tax Agency's summary that it was the largest number since we started collecting statistics. I did.
According to the National Tax Agency, a total of 10,635 cases of inheritance tax examinations were conducted in Japan and overseas during the year ending June, and 9072 cases of missing declarations and hidden income were found.
Of these, there were 149 cases of omissions in declarations and hidden income related to assets overseas, the highest number since statistics were first collected in 2001.
The amount of undeclared tax returns and hidden income was 33.6 million yen for both domestic and overseas tax returns, while it was 51.93 million yen, which is about 1.5 times higher overseas, and tends to be larger overseas.
With the internationalization of asset management, tax authorities in each country are focusing on exchanging information based on the "CRS" standard for exchanging account information of financial institutions.
According to a survey conducted by the Osaka National Taxation Bureau based on CRS information by June, three heirs did not declare 1.36 billion yen in an overseas deposit account in the name of their deceased father. In some cases, an additional tax of about 530 million yen was levied, including the heavy additional tax.
The NTA will continue to grasp overseas assets and conduct a reliable investigation.