On 30 March 2017, a bill to amend the Tokyo Metropolitan Government's Ordinance for Tax to postpone the timing of the amendments to local tax rates for companies was passed.
We have set out in this newsletter the local tax rates and effective tax rates for a company in Tokyo which is liable for size-based business taxes.
© 2021 KPMG AZSA LLC, a limited liability audit corporation incorporated under the Japanese Certified Public Accountants Law and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. © 2021 KPMG Tax Corporation, a tax corporation incorporated under the Japanese CPTA Law and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.