The Special Corporate Enterprise Tax (Tokubetsuhōjinjigyōzei) was introduced from October 1st, 2019. To replace the temporary Special Local Corporate Tax. This new tax is permanent and will allocated to local governments in order to decrease the gap in tax revenues between urban and rural areas
|
Stated capital |
Taxable base |
Tax rates |
|
|
|
|
Before 1-10-2019 |
On and after 1-10-2019 |
|
> JPY 100 mln |
Taxable income |
- |
260% |
|
< JPY 100 mln |
Taxable income |
- |
37% |
Source: KPMG