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Tokyo - Postponement of Amendments to Local Tax Rates

Tokyo - Postponement of Amendments to Local Tax Rates

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.

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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.

Contents

  1. Postponement of Amendments to Local Taxation for Companies
  2. Postponement of Amendments to Local Tax Rates for Companies in Tokyo

Japan TAX Newsletter

© 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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