Transfer Pricing Seminar for Medium-sized corporations in Japan
July 2, 2018
(This is the 3rd article of this seminar series composed of 11 articles)
(This is the 3rd article of this seminar series composed of 11 articles)
(This is the 2nd article of this seminar series composed of 11 articles)
(This is the first in a series of 11 articles.)
President Donald Trump signed into tax reform legislation, known as Tax Cuts and Jobs Act on December 22, 2017. The legislation amended various topics in corporate, individual and international tax laws. We have selected a few topics from the Act and introduced them briefly in this article. Please contact us should you need more explanation. Majority of the new regulations are applicable to tax years that begin on or after January 1, 2018.
The income tax amount withheld from monthly salary and bonus is calculated according to the withholding tax amount table issued by National Tax Agency. The withholding tax amount table has 3 kinds of categories; Kou-ran, Otsu-ran, Hei-ran. (more…)
Learn even more about why we are the global accounting and advisory firm you can trust.