If you are interested in how they are calculated, please refer to “Effective Tax Rate In Japan – How It Is Calculated” and also to the chapter in this blog “How the rates of prefectural inhabitant tax, municipal inhabitant tax and business tax are determined by the local governments”.
1. Effective tax rates in Yokohama by conditions
①
30.6% for a corporation whose
capital amount is 1 billion yen or more
②
30.3% for a corporation whose
capital amount is 500 million yen or more and less than 1 billion
yen
③
30.0% for a corporation whose
capital amount is over 200 million yen and less than 500 million yen
④
30.0% for a corporation whose
capital amount is over 100 million yen and up to 200 million yen,
and
amount of current year’s corporation tax is over 40 million yen, and
amount of current year’s taxable income is over 150 million yen
⑤
29.9% for a corporation whose
capital amount is over 100 million yen and up to 200 million yen,
and
amount of current year’s corporation tax is over 40 million yen, and
amount of current year’s taxable income is up to 150 million yen
⑥
29.9% for a corporation whose
capital amount is over 100 million yen and up to 200 million yen,
and
amount of current year’s corporation tax is up to 40 million yen,
and
amount of current year’s taxable income is over 150 million yen
⑦
29.7% for a corporation whose
capital amount is over 100 million yen and up to 200 million yen,
and
amount of current year’s corporation tax is up to 40 million yen,
and
amount of current year’s taxable income is up to 150 million yen
⑧
34.0% for a corporation whose
capital amount is up to 100 million yen, and
amount of current year’s corporation tax is over 40 million yen, and
amount of current year’s taxable income is over 150 million yen
⑨
33.8% for a corporation whose
capital amount is up to 100 million yen, and
amount of current year’s corporation tax is over 40 million yen, and
amount of current year’s taxable income is up to 150 million yen
⑩
33.9% for a corporation whose
capital amount is up to 100 million yen, and
amount of current year’s corporation tax is up to 40 million yen,
and
amount of current year’s taxable income is over 150 million yen
⑪
33.6% for a corporation whose
capital amount is up to 100 million yen, and
amount of current year’s corporation tax is up to 40 million yen,
and
amount of current year’s taxable income is up to 150 million yen
2.
How the rates of prefectural
inhabitant tax, municipal inhabitant tax and business tax are determined by the
local governments
①
Prefectural inhabitant tax
3.2 % for a corporation whose
capital amount
is up to 200 million yen, and
amount of
current year’s corporation tax is up to 40 million yen
4.0 % for a corporation that doesn’t meet the above condition
②
Municipal inhabitant tax (determined by the City of Yokohama)
9.7 % for a
corporation whose
capital amount
is less than 500 million yen
10.9 % for a
corporation whose
capital amount
is 500 million yen or more and less than 1 billion yen
12.1 % for a
corporation whose
capital amount
is 1 billion yen or more
③
Business tax
7.169%(6.7%) for
a corporation whose
capital amount is up to 100 million yen
0.875%(0.7%) for
a corporation whose
capital amount is over 100 million yen
note1: the
rates bracketed "()" are only applied for a corporation whose
capital amount
is up to 200 million yen, and
amount of
current year’s taxable income is up to 150 million yen.
note2: if
certain conditions are fulfilled, lower tax rates for the portion of taxable income up to 4 million yen and for another of that
over 4
million yen and up to 8 million yen are applied.
(Note: This blog is written on July 12, 2019 based on the
information available then.)
written by YAMAMOTO CPA OFFICE https://www.accounting-solutions-japan.tokyo/en-home
