Do you want to know more about your income tax deductions in Japan?
You may be required to appoint a tax representative if you’ll be temporarily leaving Japan before filing your tax return.
Are you required to file an income tax return for 2021? If so, the filing deadline is March 15th of 2022. Let us help you through the process!
If you miss the deadline for filing your income tax return, penalty tax will be levied.
Simply selling shares offshore isn’t sufficient to avoid being taxed in Japan.
Most employees in Japan do not have to handle their taxes, because their company reports to the tax office at the end of the calendar year. However, if you earn more than 20 million yen annually, you are required to file a tax return.
Income earned from renting out property is taxed, but smart management can help reduce those taxes.
High net-worth individuals receive additional scrutiny from the tax office.
If you are unsure whether you need to declare a certain income from overseas in Japan, it might be better to consult a professional.
Properly calculating your business expenses can save you some taxes and ensure compliance.
Established in 1984,
Seventh Sense Group offers full-service accounting services including tax compliance, bookkeeping, payroll, and company establishment.