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Income tax rate

 
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sidjameson



Joined: 11 Jan 2004
Posts: 629
Location: osaka

PostPosted: Fri Jun 23, 2006 11:12 am    Post subject: Income tax rate Reply with quote

I was in the tax office the other day, well it's a cheap day out:) and they gave me the english version of Japans tax laws. If I am reading it correctly which I may well not be, even in perfect English it's still as confusing as hell, the book says that up to 3million the rate is 10% 3 to 9 million its 20% then over that its 30%
BUT I am sure that I have always paid a flat 5% for the past 8 years. What gives?

Oh and to those that are interested, you don't seem to need residency to get the tax break on home loans. Worth about 20k a month, the guy in the office told me that I would get it regardless of whether I had residency. Of course as the conversation was in Japanese what he could of actually said was that my buttocks looked ripe and that he would luck to pat them. I cant say that my Japanese is ever that good that I am 100% confident that I have understood anything that has been said to me. But I left unpatted so I am presuming that I was fairly near the mark with my translation.
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