Archive for 5月, 2016

Types of Penalty in Japan

Penalty will be imposed if a taxpayer fails to file tax return by the statutory due date or fails to pay tax by the due date of tax payment. Following are types of penalty. 1. Delinquent Tax: Tax imposed if the principal tax is paid after the statutory due date. It is...
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Tax deduction (Tax credit) in Japan

Types of Tax deduction (Tax credit) in Japan are as follows.   Credit for dividends When earning dividend income (excluding that for which separate taxation is elected)   Special credit for loans, etc. related to a dwelling In the case that you have constructed,...
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