Thin capitalisation – tax filing schedule

Light summer kimono's - Yukata in Japanese

Attached here is the form required in a Japanese tax return that is used to calculate the leverage ratios required for thin capitalisation purposes (see this post for details) and hence any disallowance of interest for Japanese thin capitalisation purposes.

The form has been annotated in English to show the information required to complete the calculations required for Japanese thin capitalisation purposes.

The original form can be found here on the NTA website. Of course, proper professional advice should be sought before completing the form for real.



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