The National Tax Agency are tax responsible for collection of tax in Japan.

The tax consist of central or national tax and residential tax.

–PERSONAL INCOME TAX

–CORPORATION TAX

-INHERITANCE TAX.

-OTHERS(TO UPDATE)

A.Personal income tax

rate deduction

1000-1,949,000 5% 0

1,950,000-3,299,000 10% 97,500

3,300,000-6,949,000 20% 427,500

6,950,000-8,999,000 23% 636,000

9,000,000-17,999,000 33% 1,536,000

18,000,000-39,999,000 40% 2,796,000

above 40,000,000 45% 4,796,000

Disclaimer: Obi Azubuike is not by this publication(or post) acting as a professional advisers and therefore not liable for any damage whatsoever for your acting or refraining to act based on  this publication(post). Consult your professional for advice.