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Sole Proprietorship: Saving Taxes with the Blue Income Tax Filer Deduction

Sole proprietors can reduce taxable income by up to 650,000 JPY with the blue income tax filer deduction.

If you are looking to establish a sole-proprietorship, or you have been conducting business for a while and you are thinking of ways to lower your taxes, then you can consider applying to become a Blue Filer.

If you are a Blue Filer then you can get deduction of up to 650,000 yen from your taxable income.

The application deadline is generally March 15th, or within 2 months of establishing your sole-proprietorship. For application and more information, please feel free to contact us.

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