The novel coronavirus has brought with it unprecedented times, causing a huge socio-economic loss. It has become of paramount importance for many companies to understand the extent of it to be able to calculate the correct prices and discounts for the services rendered. Check our article to see how the quarterly GDP drop is related to the discounts companies offer.
Losing your beloved ones is emotionally exhausting. And the last thing you want to think about is the Inheritance Tax. This article covers the basics of the Inheritance Tax in Japan in case you want to start putting things in place now or get some useful insights just to have a basic understanding.
In Japan, Inhabitant Tax is levied on Japanese residents as of January 1st each year. It consists of an income-graded component and a flat-rate component (10%). A non-resident is not subject to Inhabitant Tax.