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Tokyo - Proposal for Local Tax Rates Applicable for Fiscal Years Beginning on or after 1 April 2017

Tokyo - Proposal for Local Tax Rates ...

On 25 May 2016, the Tokyo Metropolitan Government released proposed local tax rates applicable for fiscal years beginning on or after 1 April 2017.

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We have set out in this e-Tax News the Tokyo tax rates for a company which is liable for size-based business taxes (broadly, a company whose stated capital is over JPY100 million).

Contents

  1. Business Tax Rates(income component)
  2. Inhabitant Tax Rates(on corporation tax)
  3. Effective Corporate Tax Rates

KPMG Japan e-Tax News No.107

e-Tax News

© 2020 KPMG AZSA LLC, a limited liability audit corporation incorporated under the Japanese Certified Public Accountants Law and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. © 2020 KPMG Tax Corporation, a tax corporation incorporated under the Japanese CPTA Law and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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