Archive for March 28th, 2010

Japanese Dividend Exclusion system – Qualifying Distributions

Osaka skyline by night

The Foreign Dividend Exclusion System (FDES), recently introduced as a major change to the Japanese tax law, allows certain distributions received by Japanese companies from overseas affiliated entities in which they have a 25% or greater interest (as defined) to be excluded from Japanese taxation. This posting discusses which types of distributions – ‘Qualifying Distributions’ – can apply the FDES system. Read More

Foreign Dividend Exclusion – glossary, definitions

Their convenience in crowded trains is one reason for the ubiquity of mobile phones in Japan

This post summarises some of the key Japanese terms relevant to the recently introduced system that allows Japanese companies to exclude certain foreign dividends (Qualifying Distributions, as explained in this post) received from affiliated companies (as defined) from Japanese taxation. Read More