Archive for October 15th, 2010

Taxation of Japanese civil law partnerships

October 15, 2010  |  Entities, Nin i Kumiai  |  No Comments

A portrait of one whole-salers in Tokyo's Tsukiji fish market, near Ginza and the largest fish market in the world.

For Japanese tax purposes Japanese civil law partnerships (in Japanese nin’i kumiai, referred to below as ‘NK’s) are treated as fiscally transparent.

NKs themselves are not taxed as separate entities.  Instead, the members of the NK are subject to taxation on the income treated as attributable to them. Read More