Taxation
Explore essential information on taxation in Japan, including accounting and consulting firms, consumption tax, Furusato nozei (hometown tax), income tax, and inheritance tax to navigate your tax obligations and optimize your financial planning.
English-Speaking Accounting & Consulting Firms in Tokyo
Whether you are filing individual tax returns or hoping to establish a new business, financial issues can be complicated. These difficulties will no doubt be compounded upon moving to a country like J…
A Guide to Taxes in Japan for Freelancers - Part 1: What is the Japanese Tax Return?
This article is contributed by LOOK UP ACCOUNTING. Navigating the complexities of tax returns as a freelancer or sole proprietor in Japan can be daunting, especially without a clear understanding of t…
A Guide to Taxes in Japan for Freelancers - Part 2: Details of the Tax Return
This article is contributed by LOOK UP ACCOUNTING. Part 1 covered "What is the Japanese Tax Return"? In Part 2 “A Guide to Taxes in Japan for Freelancers”, we’ll look at the difference between the Whi…
A Guide to Taxes in Japan for Freelancers - Part 3: How to Submit Your Tax Return
This article is contributed by LOOK UP ACCOUNTING. We covered What is the Japanese Tax Return? and Details of the Tax Return in the previous articles. In Part 3 of “A Guide to Taxes in Japan for Freel…
Taxes in Japan: Filing Japanese Income Tax in Japan
For many foreign residents living in Japan it’s possible that the confusion and hours or research spent in filing Japanese taxes are negligible since their companies file on their behalf. However, if…
Overview of Japan's Inheritance Tax for Foreigners
In this article, we would like to provide an overview of the Japanese inheritance tax system, then go over the inheritance tax implications that the heirs will face upon death of a Japanese property owner. In subsequent articles, we will also explore the various exit strategies, such as sales and gifting.
By PLAZA HOMES
Furusato Nozei: How to Benefit from Japan's Hometown Tax
Furusato Nōzei, or the hometown tax, is a system by which taxpayers can pay their income or residential tax to a regional area, rather than the area in which they actually reside. Why pay tax somewher…
Japanese Consumption Tax (VAT)
In Japan, the current consumption tax is 8-10%. In this article, we cover the following aspects regarding Japanese Consumption Tax. Rental Apartments & Houses in Tokyo Listings of popular and l…
What you should know about Consumption Tax in Japan
This article is contributed by YASUDA-Accounting. What is the Consumption Tax? The consumption tax is imposed on the transfer of assets, lending of assets, and provision of services by businesses in J…
Saving Tax using Business Safety Mutual Relief System
This article is contributed by WINgs llc. Have you ever heard of the Business Safety Mutual Relief System? This is a type of Small Business Mutual Aid offered by SME(Organization for Small & Mediu…
