Japanese Corporate tax
A corporation in Japan is required to file returns, pay tax and
supply details of the computation of taxable income to the Japanese
tax office. The place of tax payment of a domestic corporation is
the place where its head or main office is located. In case of a
foreign corporation, the place of the payment is where the corporation's
main permanent establishment or estate in Japan is located.
For a corporation whose capital exceeds JPY 100million, a tax rate
of 30% is applicable to all of the ordinary income. For a corporation
whose capital amounts to JPY 100million or less, a tax rate of 22%
is applicable up to JPY 8million and a tax rate of 30% to the remainder
of the ordinary income.
A corporation is required to file a final tax return within 2 months
after the end of its business year. A final tax return must be accompanied
by the balance sheet, profit and loss statement and other documents
describing items necessary for calculating its ordinary income,
undistributed income and the corporation tax due.