The culture of giving exists everywhere.Donations are often made with policy objectives in mind and are structured to provide tax benefits. However, when applying this donation deduction under Japan’s Income Tax Act, you must verify that you have actually made a...
There have been news reports about the advance payment system for health insurance premiums, aimed at non-Japanese residents.Let’s take a look at how this will change and review the details of the changes. Introduction of Prepayment System The advance payment system...
There has been a recent trend toward stricter visa renewal requirements.As early as 2025, discussions about tightening the requirements for management visas have already begun. In addition, there seems to be some movement on social insurance for the time being. Press...
In addition to income tax and resident tax, the self-employed need to pay individual business tax. This time, I’ve summarized information about the individual business tax. Who should pay? The self-employed engaged in any of the 70 designated business categories...
It’s a recurring issue to decide whether income constitutes business income or miscellaneous income. Personally, I tend to view the question of whether income qualifies as business income as relatively straightforward when considered from a tax law perspective....
Individuals may come to Japan while holding assets outside of Japan. For example, someone who decides to marry and live in Japan might own real estate in the United States. If they attempt to sell these assets after residing in Japan for over ten years, they may be...
