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2024

2024/03/21

Japan tax bulletin 2024

2023

2023/12/25

Japan tax bulletin 2023

2022

2022/12/19

Japan tax bulletin 2022

2021

2021/12/17

Japan tax bulletin 2021

2020

2020/12/07

Japan tax bulletin 2020

2019

2019/12/03

Japan tax bulletin 2019

2018

2018/12/20

Japan tax bulletin 2018

The blue tax return system and its benefits

2017/12/15

The “blue tax return” system (named for the color of the tax form) was initiated following a recommendation by the Shoup Mission in 1950 in order to promote the use of modern accounting methods by taxpayers with conferring certain benefits on the “blue form” tax filers.

Research and development tax credits under Japan tax law

2017/11/15

Japan tax law contains an exemption system for research and development expenses as a tax incentive measure for enterprises conducting research and development (“R&D”). In the 2017 tax reform, development of the “fourth industrial revolution type service”, such as big data, was added to the list of qualifying activities.

Tax Procedures at the time of Dissolution and Liquidation

2017/10/19

In some cases the shareholders of a company may wish to withdraw from the Japan market due to poor business results or other internal reasons. In these situations, Company Law prescribes the procedures that need to be undertaken to dissolve and liquidate the company.