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Income Tax in Japan: Saving Tax on Rental Income

Income earned from renting out property is taxed, but smart management can help reduce those taxes.

Income earned from renting out property in Japan must be reported, and is taxable.

An effective method of reducing taxes on rental income is to claim all necessary expenses such as expenses to improve the property, damage insurance, maintenance fees, and depreciation.

All of these must be declared via a final income tax return which is due by March 15th.

For the preparation of the income tax return, please feel free to contact us.

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