income tax
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 […]
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 […]
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 […]
Types of income deductions that can be applied if you were a non-resident during the year
The income deductions available to residents and non-residents are different. This time, we will explain the i […]
What is the 30 million yen special deduction when transferring a vacant house?
There is a system in place that allows you to deduct 30 million yen from the amount of capital gains when tran […]
Filing of tax returns for 2025 has already begun [If you want to change the system, do it while it's still hot]
There are only a few days left until March 17th, the deadline for filing your tax return for 2024. ・For those […]
Things to be aware of when a non-resident sells real estate owned in Japan
In a previous article, I introduced things to be aware of when non-residents are renting out real estate they […]