If you are treated as “non-permanent resident,” your taxable income subject to Japanese income tax might be limited. This article summarizes Japanese individual income tax treatment applicable to non-permanent resident individuals.
Japanese taxation to a foreign corporation differs depending on whether the foreign corporation has a permanent establishment (PE) in Japan. This article summarizes taxation to a foreign corporation having PE in Japan.
Under the Japanese corporate tax law, many tax benefits are only granted to a corporation with “blue form tax return” status, so-called “Aoiro-Shinkoku(青色申告).” Here is a summary of the blue form tax return system in Japan.
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.