Japan # 39; Handsome tax?
A resource to invest and do business in Japan and understanding of Japanese tax issues and Japanese culture.
T Japan tax site is meant to help people understand the Japanese tax system and its implications for their business or life in Japan The site includes reports on Japanese tax issues, explanations of key concepts of the national tax and international as well as analysis of the Japanese fiscal policy and environment of Japanese business.
In UNCTADs 2010 World Investment Report FDI foreign direct investment in Japan in 2009 was USD11 9BN only 70 of FIG IDE USD16 8BN Singapore This despite Japan with a population of twenty-five times and eighteen times economy the size of Singapore.
High tax rates are undoubtedly one of the reasons for Japan's record in attracting FDI, but a lack of understanding of the legal, commercial and cultural Japanese is also a factor.
This site aims to play a small role in promoting FDI in Japan by making tax and other transparent trade regulations for foreign investors.
In line with its objective of helping investors a more complete understanding of the country and also to provide some light relief from the tax, the site includes pictures and articles about the rich cultural and natural heritage of Japan.
Please take the time to enjoy some of the pictures, articles and other works of art on the site.
T he book section includes information on Japanese accounting practices useful to the understanding of the tax implications of Japanese transactions.
Accounting rules around intangible assets and group reorganisations, including charts and updates on current accounting issues Japanese accounting standards for corporate reorganizations Learn more.
T he political section includes links to the analysis of fiscal policies in the public and private as well as articles on the evolution of tax policy and tax reform.
Items on the progress of tax committees in the ministries of the Government of Japan, including the influential tax committee of the Cabinet Office of Japan and subcommittees tax established in the Japanese Ministry of Finance. Read more
The new section includes a shorter articles on recent developments, court cases, translations of tax law or comments and tax court judgments These short sections will often REFERENCES through longer articles elsewhere in the site.
News on audits, litigation or other various developments not included in one of the new sections below Read more.
Abstracts of Japan recently decided court cases and the oldest cases still have a precedent for the current tax issues Learn more.
short reports on policy issues, committee meetings, government announcements or work from reflection and research groups on university policies Learn more.
Brief articles commenting on non-statutory guidelines of the tax authorities, including more than occasionally.
A picture from 1966 advertising Miyako Odori dance performed annually in Gion in Kyoto Geisha historic cultural center and one of the few remaining areas of Japan maintaining some of the related traditions.
J Tax Law apanese includes a full range of provisions to alleviate the international anti-avoidance tax, a body well-developed academic literature on international tax issues and Japan has long been a leader in promoting APA negotiations its trading partners.
The scope of the Japanese taxation of foreign companies and non-residents and more detailed interpretations of the scope of the various sources of income out more Japanese.
Summaries of taxes withheld at source on different sources of income Japanese, the interpretation of tax treaties, forms required for claims for benefits Japanese treaties and links to the English text of tax treaties when available. Read more
How to apply the thin capitalization rules in Japan, diagrams, safety rules and wearing anti-avoidance rules included in regulatory capitalization Learn more.
The Japanese taxation of foreign companies in low-tax jurisdictions, often a problem for Japanese group subsidiaries based in China, Hong Kong and Singapore Learn more.
I quest with a strong national fiscal element and limited cross-border impact such as fiscal consolidation, audits, interest and penalties and tax administration.
tax documents, statute of limitations, penalties and interest and other administrative issues Read more.
tax and accounting treatment of intangible assets, including goodwill Their relevance to mergers, the corporate chain or supply Read more reorganizations.
T he site uses extensive diagrams illustrating the tax grouping of concepts, stages of corporate reorganizations and the like.
This page includes a selection of charts covering the taxation of the group, including new rules for the tax deferral on group transactions. Learn more
I quest in structuring transactions in Japan, research entities, corporate restructurings, transactions on financial markets and the resumption of business.
The Japanese taxation of parties to contracts Tokumei Kumiai, a form of partnership widely used in securitization, real estate transactions and cross-border investment in Japan Learn more.
The tax and accounting treatment of reorganizations of Japanese companies merger, demerger of companies, capital contributions, asset sales and similar More.
equity swaps of debt, debt forgiveness and other tax issues or procedures in the course of bankruptcy proceedings or rehabilitation of Japanese companies Read more.
W hile the main objective of the site is on corporate taxation and international, individual tax section covers the key tax issues for expatriates living in Japan.
A crucial issue for all those who come to work in Japan is their status of tax residence as related rules and the definition of the Japanese source of income are critical to understanding the scope of the Japanese individual taxation for expatriates Read more Read more .
T his site is continually developed and listed below are areas where the content will be added in the short to medium term.
Please be patient if your area of interest has not been covered, and also please use the contact form to let the editor know if you have other areas of interest.
In the short and medium term the content of the additional site is planned in the following areas.
Completion of articles on Japanese permanent settlements and describing their application to Tokumei Kumiai, private equity and other cross-border investment in Japan.
The development work on mergers and other corporate reorganizations.
A thorough analysis of Japanese entities, TMKs, nin i Kumiai and the like.
The expansion of corporate recovery section to cover tax more detail in the company bankruptcy and rehabilitation.
Help foreign investors understand the tax declaration of their Japanese subsidiaries, including consideration of permanent tax differences and Japanese temporary.
As the articles in this blog are written in good faith by the authors as representing their understanding of the relevant tax law, they can be erroneous or outdated and should not be relied on for any purpose whatsoever using this site you acknowledge that this site is intended primarily as entertainment and the authors of these articles or administrator of this site does not guarantee, and accepts no responsibility for the consequences, including damage arising from or in connection with use of any information available this site all articles and contents copyright 2010 c author, all rights reserved top.
Japanese tax issues and international tax planning in Japan, Japanese issues, international, Japan.