Grandmother's tuition gift may be tax-free

news.yahoo.co.jp (Japanese)

A grandmother provided 4 million yen for tuition, raising questions about gift tax implications. Gift tax may not apply to educational expenses if specific conditions are met, primarily that the funds are used directly for education and the provider is a legal dependent. Unused funds or money not directly spent on education can be subject to gift tax, with an annual exemption of 1.1 million yen.


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Grandmother's tuition gift may be tax-free | News Minimalist