Do I have to pay taxes on the value of non-cash gifts from men, such as clothing?

I’m Saito, a columnist♪ I hate to say this, but it really depends on the amount involved. For an amount like that, it wouldn’t be worth it for the tax office to spend taxpayers’ money trying to collect it. When tax evasion is uncovered, it’s almost always the man who gets caught first. From there, the tax office follows the trail and starts making inquiries with the women as well. About the story Papuwa-san mentioned about evading taxes on over 200 million yen… Don’t you ever wonder why the tax office didn’t come knocking once more than 100 million yen had been deposited in the bank account? Or why they didn’t come after the several tens of millions earned through AV work?

Maezawa from the Corporate Planning Office here as well. Gift tax applies whether the gift is clothing or jewelry. The issue is how much you declare. Normally, when something is a gift, you don’t know its purchase price. That means you would need to have it appraised, but you may not even know where to find an appraiser, and you’d also have to pay their fee. In that case, I think you would probably take it to a buyback dealer—preferably getting quotes from several places—and declare the appraised amount. Since the buyback price is likely lower than the retail price, you might feel more inclined to declare it, wouldn’t you? That said, just to be safe, I recommend asking a professional whether that amount is acceptable. A tax professional is a licensed tax accountant. (An accountant or lawyer would also be fine, but considering how often they deal with the tax office, a licensed tax accountant would probably be the best choice.)

Aizawa from Tokyo here with an answer. That said, I wasn’t familiar with the details myself, so I looked into it. Apparently, gifts worth more than ¥1.1 million per year are subject to gift tax. Gifts other than cash—such as cars, bags, jewelry, or real estate—are also subject to gift tax. By the way, if you sell them, the proceeds are apparently subject to income tax, so either way, you can’t escape taxes…

I’m Date◎Yume, a male member. In your case, the allowance may be subject to gift tax, so please check.