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If a non-resident receives some Japanese source income, such income might be subject to Japanese withholding tax even if the non-resident does not have a permanent establishment (PE) in Japan.
Under the Japanese tax depreciation rule, fixed assets should be depreciated over useful lives stipulated under the tax law regardless of the useful life for accounting purposes. However, there are some de-minimis rules. We summarize general rules on depreciation under the Japanese tax law.
For Japanese tax purposes, deduction of director remuneration is restricted. It is only deductible if it follows the rules stipulated under the tax law. We summarize general rules on deductibility of director remuneration.
A foreign corporation can conduct the business through a Japanese subsidiary or a Japanese branch of a foreign corporation. Subsidiary and branch are taxed similarly; however, there are some differences. Below is the summary of the key features and differences between Japanese subsidiary vs. branch.
If you have previously worked in both Japan and your home country and then receive a retirement allowance which Japanese withholding tax is withheld from, there may be a Japanese tax refund of retirement income in a specific situation as explained below.