by Aki Kojima | Sep 6, 2024 | Individual & Freelancers, Corporations
Here, we would like to consider the basics of the compensation tax. What is remuneration tax? “Remuneration tax” is a general term referring to a tax imposed on specific remuneration or income, the specifics and tax rates of which may vary from country to...
by Aki Kojima | Sep 3, 2024 | Corporations, Individual & Freelancers
In the September 2023 issue of the monthly “Kigyo Jitsumu” (企業実務) magazine, we have contributed articles in Japanese on “Japanese Domestic Standards for Digital Invoice” and “What is JP PINT.” The article summarizes information for...
by Aki Kojima | Aug 28, 2024 | Individual & Freelancers
Let me tell you about the new “Tourist Tax” introduced by Nagasaki City in April 2023. This tax will be taken when an individual goes on a trip. This tax is supposed to be used to promote tourism, but what exactly does it entail? Taxable subject and tax...
by Aki Kojima | Aug 24, 2024 | Individual & Freelancers
I will explain final tax returns and withholding tax. If you understand this point, you will know why you must file a final tax return as an employee. Income tax return when you are a salaried worker As a salaryman, I didn’t have to file a tax return. The...
by Aki Kojima | Aug 22, 2024 | Individual & Freelancers
Reducing taxes is everyone’s dream. Even if no one wants to break the law, many people want to explore how to reduce it within the limits of the law. There is also a way to consider “whether it will cost”. But for the same amount spent, there are...
by Aki Kojima | Aug 21, 2024 | Individual & Freelancers, Corporations
The Japanese government is contemplating significant tax reforms to fund an ambitious defense budget of 1 trillion yen. It is a strategic approach to bolster the nation’s defense capabilities. Breakdown of the proposed funding mechanisms Here’s an analysis...