What is the tax rate in Japan?

Japan’s commodity tax rate is 8%. Nowadays, most shops can provide tax refunds. The lower limit of tax refund is 10,000 yen for electronics and clothing and bags, and 5,000 yen for other products such as food, drug and cosmetics.

The tax rate is: the monthly health insurance premium is 8.2% of the monthly standard compensation of less than 10,000 yen; the monthly welfare pension insurance contribution is approximately 16.5% of the monthly standard compensation of 590,000 yen ; The monthly premium for unemployment and workers' compensation insurance is approximately 1.75% of the monthly standard compensation, of which 1.35% is borne by the employer and 0.4% is borne by the employee. ?Extended information

Tax objects and tax rates. Japanese personal income tax is taxable on various types of income, including interest income, dividend income, real estate income, salary income, retirement income, business income, transfer income, forestry income, temporary income, other income, etc.

The main income deduction items include: basic deduction, spouse deduction, dependency deduction, disabled person deduction, elderly deduction, orphan and widower deduction, work-study deduction, medical expense deduction, life insurance premium deduction, loss insurance premium deduction, donation deductions, financial deductions for small-scale enterprises, miscellaneous deductions, etc. Among them, spousal deduction, dependent deduction, basic deduction, etc. have been increased from 350,000 yen to 380,000 yen.

Baidu Encyclopedia-Japanese Taxation