Overseas Assets Held by Japan Residents Hit Record High

Tokyo, Jan. 31 (Jiji Press)--Overseas assets held by wealthy residents in Japan in 2023 rose 13.4 pct from the previous year to 6,489.7 billion yen, hitting a record high, data compiled by the National Tax Agency showed Friday. The data were based on documents required to be submitted to tax authorities by residents in Japan who held over 50 million yen in assets abroad. The number of submis...

Overseas Assets Held by Japan Residents Hit Record High
Tokyo, Jan. 31 (Jiji Press)--Overseas assets held by wealthy residents in Japan in 2023 rose 13.4 pct from the previous year to 6,489.7 billion yen, hitting a record high, data compiled by the National Tax Agency showed Friday. The data were based on documents required to be submitted to tax authorities by residents in Japan who held over 50 million yen in assets abroad. The number of submis...