Business Office Taxation in Japan
JAPAN TAX BULLETINThis article introduces the Business Office Tax, which needs to be considered when entities conduct business in offices or workplaces within cities with a population of 300,000 or more.
Contents
Due to the prolonged Covid-19 pandemic, more and moreJapanese companies are selling off their headquarter buildings and other real estate holdings in order to secure cash reserves and drastically downsize their office space.
Among the buyers are foreignfunds, foreign corporations, and wealthy foreign individuals.
In thisbulleting, we will review the tax treatment of a foreign corporation and a non-resident individual that leases office space in Japan to a Japanese company or a Japanese resident.
...To read the rest of the article, click on the PDF file below.
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