#047

My name is Sadayasu Ito, a Japanese certified tax accountant. I am helping those who wish to start business in Japan. Please contact me if you are looking for advice.

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E-mail: [email protected]
From Oversea: +81-3-4405-6009 From Japan: 03-4405-6009
Sadywell Japan Tax & Accounting: http://en.sadywell.com
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For instance, if you have any of the following problems, please let me know. I am happy to help you.

I want to set up a company and start business in Japan
I need to file tax returns but do not know how to do it.
I want someone to do my company’s bookkeeping.
I want to know how I can save my tax.
I want to acquire or renew my visa.

For more details of our services, please visit our website:
http://en.sadywell.com

**Summary of today’s lecture**

Today’s lecture is about “Dependent deduction”

Who are dependents under the Japanese tax law ?

16 years old or more as of the year end
Annual income is 380,000 yen or less (For salaried employee, salary is 1,030,000 yen or less)
Live in the same household
Not a spouse employed under the blue form tax return status

How much can you get the exemption for dependent ?

Basically, 380,000 yen for each dependent
From 19 years old to 22 years old: 630,000 yen
Elderly parents, 70 years old or more:
Live together 580,000 yen
Live in a different place 480,000 yen

Overseas dependents

Exemption for dependent is applicable for overseas dependents. However, the following documents has become necessary from 2016.
1. Documents concerning relatives
2. Documents concerning remittances

1. Documents concerning relatives
Family registry issued by Japanese government and relatives passport
or
Documents issued by a foreign government which show relative’s name, date of birth and address

2. Documents concerning remittances
Copy of foreign remittance form, history of credit card
Remittance must be done for each relative