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Consumption Tax on Buildings in Japan

by Aki Kojima | Aug 5, 2024 | Individual & Freelancers, Corporations

We’re diving deep into the realm of consumption tax in Japan, specifically focusing on renting buildings. The rules can be intricate, but don’t worry; we’re here to simplify things for you. Residential vs. Office Use: What’s the Difference?...

Understanding the Proposed Revision of Salary Income Deduction in Japan 2023

by Aki Kojima | Aug 4, 2024 | Individual & Freelancers

Hello, dear readers! Today, we’re diving deep into a topic that’s been buzzing in the Japanese financial world – the proposed changes to the salary income deduction. With potential implications for company employees, it’s essential to...

Understanding the New Cryptocurrency Valuation in Japan

by Aki Kojima | Aug 3, 2024 | Corporations

Hello, crypto enthusiasts and business owners! If you’re involved in the world of cryptocurrency, especially within Japan, there’s a significant tax update that you should be aware of. Let’s dive right in! A Shift in Cryptocurrency Taxation For those...

How Do Japanese Worker and Income Classifications Differ from Other Countries?

by Aki Kojima | Aug 2, 2024 | Individual & Freelancers

In many countries, work arrangements are typically divided into three categories: Employee, Worker, and Self-Employed. However, in Japan, we have two main categories: Employment(雇用[Koyoh]) and Service Contract(請負[Ukeoi])/Delegation(委任[Inin]). Understanding these...

Inheritance Tax: The Risk of Non-Disclosure of Life Insurance Proceeds

by Aki Kojima | Aug 2, 2024 | Inheritance, Gift, Equity Valuation

Inheritance Tax: The Risk of Non-Disclosure of Life Insurance Proceeds Posted on: Aug 2nd, 2023 Category: Inheritant Tax Inheritance tax is a subject that often raises many questions, particularly regarding the non-disclosure of life insurance proceeds. Some may...
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