Tax（English)
What to do if you forget to submit the simplified taxation selection notification form
When we elect the simplified (flat-rate) method for consumption tax, we generally must file a notification by […]
Important points to note when receiving retirement benefits as a non-resident [Selective taxation of retirement income]
When receiving a retirement benefit as a non-resident, tax is levied on the portion of the benefit working in […]
Points to note when transferring assets from an individual to a corporation
There are cases where an individual transfers real estate or stocks owned by them to a corporation. There are […]
If I receive compensation for damages, is it taxable or non-taxable?
When a sole proprietor receives compensation for damages, is it taxable or non-taxable? When a car hits a stor […]
What is platform consumption tax?
When an overseas business sells apps, electronic books, etc. to consumers in Japan via app stores or online sh […]
Important points to note about tax reforms to increase take-home pay in 2025
There have been tax reforms aimed at increasing take-home pay in 2025. Here are two points to keep in mind. Th […]
What is the Defense Special Corporate Tax?
A defense special corporate tax has been enacted to secure defense spending. ・When it comes into effect ・Amoun […]
There has been a major change to the basic deduction amount for 2025 and onwards.
Overview A major revision to the basic deduction amounts (基礎控除) have been enacted for tax year 2025 and onward […]
How is the salary taxation handled when an director of a foreign corporation works in Japan?
In principle, the salary of an officer of a domestic corporation working as an officer overseas is taxed in Ja […]
Things to check during a tax audit [Timing of recording sales and purchasing expenses]
Tax audits usually cover the most recent three fiscal years and last two days. On the day of the audit, the au […]