What Types of Tax Returns Are There In Japan? For many employees in Japan, chances are that they don’t even have to touch tax returns (確定申告, Kakutei Shinkoku). Normally, the employer (or his or her accountant) fills out a tax return for each employee. This is typically “Tax Return A” (確定申告Ａ, Kakutei Shinkoku A), the [...]
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The Japanese tax system allows taxpayers to reduce their taxes with deductions. This allows them to save more money for the things that matter. For example, imagine that your income is ¥10,000,000 (the 33% tax bracket). Normally, with no deductions, if you make ¥10,000, you will pay ¥3,300 tax on it: ¥10,000 × 33% [...]
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