Income Tax – Insurance Deductions
Unlike other countries, Japanese tax law allows us to deduct life insurance premiums, earthquake insurance premiums and some other insurance premiums from our taxable income.
Unlike other countries, Japanese tax law allows us to deduct life insurance premiums, earthquake insurance premiums and some other insurance premiums from our taxable income.
According to Japanese Company Law, there are 4 types of company in Japan.1. Stock Company – 株式会社2. Limited Liability Company – 合同会社3. General Partnership Company
If your company is a small and medium sized company (paid-in capital is less than 100 million yen and no relations with Large entities), you
Corporate Residence tax, also known as Corporate Inhabitant Tax – Per Capita Levy is one of the taxes that you have to pay even if
Every company in Japan has a obligation to file Legal Record Total Table (法定調書合計表) by January 31st every year. According to the National Tax Agency
Fixed Asset Tax Return or Depreciable asset tax return, levied on depreciable assets, the tax rate is 1.4%.
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Do you want to know more about your income tax deductions in Japan?
Every individual who has been living in Japan for more than 5 years in the last 10 years and if their foreign assets exceed 50
To freelancers and sole-proprietors in Japan: If you bought the medicine or visited the doctor during the calendar year, the costs for these medical goods