The government and the ruling parties are considering applying a higher income tax exemption threshold from January 2026, in a move to incentivize part-timers to work longer hours amid Japan's ...

For semiconductors, businesses will receive up to a 20% break on the corporate income tax each fiscal year, while for other categories the tax breaks will be capped at 40%. The Japanese government ...

Income tax applies only to the portion of a person's earnings above their tax-free allowance. In Japanese, the threshold above which they are liable for tax is called the "wall" — currently ...

However, the income tax, which should be playing a central ... which already exceeds the average Japanese's financial assets of about 19 million yen. Preferential tax systems should desirably ...

Japanese baseball star Hayato Sakamoto incorrectly claimed some 240 million yen ($1.6 million) in deductions on his tax ...

The introduction of accommodation taxes in nine cities and two prefectures in Japan was approved by its government on Friday, ...

If your combined income is more than $34,000, you may be taxed on up to 85% of your benefits. Ivory Coast has the highest tax rate at 60%. Finland (57.3%), Denmark (55.9%), Japan (55.95%), Austria ...