by Aki Kojima | Feb 12, 2024 | Individual & Freelancers
Overview of Donation Deductions Overview The donation deduction is a system under the Japanese tax system that reduces tax payments by deducting the amount of donations made from income. The donation deduction was established to support public interest activities and...
by Aki Kojima | Jan 11, 2024 | Corporations, Individual & Freelancers
Today, I’m excited to share a valuable system that can help reduce your Japanese income tax when you send money to your family living abroad. This includes grandparents, children, or other relatives. Many worry about balancing family financial support with their...
by Aki Kojima | Jan 4, 2024 | Individual & Freelancers
Exploring Japan’s tax-free shopping system offers a unique opportunity for visitors and non-residents to enjoy significant savings. This blog post aims to demystify the process, covering everything from eligibility to future revisions. Understanding Tax-Free...
by Aki Kojima | Dec 15, 2024 | Individual & Freelancers, Corporations
For the general audiences who are not tax specialists, here is a summary of the FY2024 Tax Reform Proposals in Japan issued on Dec 14, 2024. It shows planned revisions to tax laws administered by the LDP and the Kōmeitō.This portion of the policy is for changes to the...
by Aki Kojima | Nov 20, 2024 | Individual & Freelancers
Let’s see the jobs the National Tax Agency(NTA) required back taxes from 2019 to 2021 and consider the risk of additional taxation in Japan. In doing accounting treatments, we always think in the back of our heads about tax investigations. It requires you to pay...
by Aki Kojima | Oct 21, 2024 | Individual & Freelancers, Corporations
Providing goods and services to foreign countries has become common in recent years.This article will summarize Japanese bookkeeping basics when providing services to foreign countries. Make a Record when you sell You record sales on the date the goods or services are...
