Home (Japanese)National Tax Agency JAPANOthersNotification of National Tax>No.15004 Exemption for spouse when residential property is donated between husband and wife

No.15004 Exemption for spouse when residential property is donated between husband and wife

1 Overview of special provision

The special provision allows a basic exemption of 1.1 million yen as well as an amount of up to 20 million yen (exemption for spouse), when residential property or money for acquiring residential property is donated between a couple who have been married for 20 years or more.

2 Application requirements for the special provision

(1) The asset was donated between a husband and wife after their marriage period has exceeded 20 years.
(2) The asset donated by the spouse is used as a residential property in Japan for the recipient to live in, or as money to acquire a residential property.
(3) As of March 15 of the following year upon receiving the donation, the recipient actually lives and will continue to live in the residential property in Japan that was acquired by donation or by using the donated money.

(Note) Exemption for spouse can only be applied once in a lifetime for donations from the same spouse.

3 Application procedure for the special provision

It is necessary to file a return for gift tax by attaching the following documents:

(1) Family register or an extract of the family register created within ten days from the date of receiving the donation.
(2) A copy of the supplementary family register created within ten days from the date of receiving the donation.
(3) Certificate of registered information of residential property and other documents that certify that the recipient has acquired a residential property.

In addition to the above documents, documents for evaluating the residential property (certificate of fixed asset evaluation, etc.,) is required if the recipient has received residential property rather than money.

[For those who need certificate of registered information (Notice from the Legal Affairs Bureau)]

You can request for a certificate of registered information of land and buildings at the counter of the registry office, by post, or online from a personal computer at your own home or office. Requesting online is cheaper and it is available until 9:00 p.m. on weekdays.
For details on the procedures for requesting certificates of registered information online, please visit the Legal Affairs Bureau website.