Japanese tax depreciation

2018.07.2
Category:Corporations
Author:N.Suga

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.

Deduction of director remuneration

2018.04.19
Category:Corporations
Author:N.Suga

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. 

Summary of Japanese subsidiary vs. branch

2018.03.22
Category:Corporations
Author:N.Suga

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.

Japanese tax refund of retirement income

2018.03.7
Category:Individuals
Author:N.Suga

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.

Taxation of Tokumei Kumiai Investment

2018.02.19
Author:N.Suga

You may have an investment in Japanese silent partnership so-called Tokumei Kumiai (TK). TK is one of the standard structure for investment in Japanese real estate or solar panels. Taxation would differ depending on whether TK investor is Japanese tax resident or non-resident. We summarize Japanese taxation when an investor has TK investment.