Individual




This page collates posts and reference information about individual taxation. Below are links to posts and flowcharts and in due course other resources. Given the focus of this site is corporate tax issues it will take a while to develop this section further.

Posts on individual tax issues

Offsetting individual tax losses - example

Offsetting individual tax losses – example

06/04/2012 • The ability to offset tax losses arising from one source of income against taxable profits arising from another is often...Read More

Individual tax and setting off tax losses

Individual tax and setting off tax losses

06/01/2012 • The ability to offset tax losses against taxable income having a different source is often a key issue in tax...Read More

2012 tax reform and reporting foreign assets

2012 tax reform and reporting foreign assets

05/29/2012 • The Japanese tax authorities have increased their focus on the audit of income or gains from assets that have not...Read More

2012 tax reform and reporting foreign stock compensation

2012 tax reform and reporting foreign stock compensation

05/28/2012 • In recent years the Japanese tax authorities have been auditing the declaration by Japanese resident individuals of awards of share...Read More

Japanese inheritance tax audits

Japanese inheritance tax audits

08/07/2011 • On 24 July 2011 the Nikkei newspaper reported on trends in audits of Japanese inheritance tax. The article talked about...Read More

Interest and depreciation as deductible real estate expenses

Interest and depreciation as deductible real estate expenses

11/16/2010 • Interest costs and fixed asset depreciation costs are two material real estate related costs that can be treated as ‘Necessary...Read More

Necessary Expenses for Japanese real estate and business income

Necessary Expenses for Japanese real estate and business income

11/15/2010 • “Necessary Expenses” (in Japanese ‘必要経費’ or ‘hitsuyou keihi’) are deductible for Japanese individual income tax purposes when calculating Japanese Real...Read More

Recognising revenue from Japanese real estate

Recognising revenue from Japanese real estate

11/11/2010 • An individual's taxable Japanese real estate income is the total of “revenue from real estate” less “necessary expenses” less a...Read More

The Japanese taxation of real estate income for individuals

The Japanese taxation of real estate income for individuals

11/09/2010 • Expatriates coming to work in Japan will frequently maintain a property in their home country and hence may have to...Read More

Individuals becoming non-Japanese resident

Individuals becoming non-Japanese resident

11/04/2010 • The Japanese Tax Tribunal web site summarizes the results of an appeal dated 10 September 2009 concerning tax residence for...Read More

Tax and short term visitors to Japan

Tax and short term visitors to Japan

10/06/2010 • Under Japanese domestic law where an individual who is not resident in Japan comes to work in the country he...Read More

Japanese taxes payable by a non-resident individual

Japanese taxes payable by a non-resident individual

10/05/2010 • This article looks at the scope of Japanese taxation of non-resident individuals.  This topic is also likely to be of...Read More

Discussing Japanese financial taxation

Discussing Japanese financial taxation

09/17/2010 • The documents made public by the Finance Tax Research Group (below ‘FTRG’), a tax committee within the Japanese Ministry of...Read More

Resident, non-permanent resident and non-resident

Resident, non-permanent resident and non-resident

09/14/2010 • Residency for tax purposes is a critical issue for any expatriate coming to Japan to do business.  Residency status determines...Read More

Japanese dividend taxation for individuals

Japanese dividend taxation for individuals

09/14/2010 • This article outlines how individuals are taxed on dividend income for Japanese tax purposes. As so often seems the case with...Read More

Individual tax - calculating taxable income

Individual tax – calculating taxable income

07/18/2010 • The early focus of this site is corporate and international tax issues. However for the benefit of expat using...Read More

Flowcharts, diagrams

  • This flowchart should be very helpful in understanding the overall calculation of the Japanese individual tax liability