Tax & Filing
じゅうみん住民ぜい税
Resident Tax
Definition
Resident Tax is a local tax levied by prefectures and municipalities on individuals and corporations. Individual resident tax is calculated based on income from the previous year and consists of a per-capita levy (均等割) and an income-based levy (所得割). Corporate resident tax (法人住民税) consists of a corporate tax-based levy (法人税割) and a per-capita levy (均等割) based on capitalization and number of employees. Corporations file and pay to the prefectural tax office and municipality.
Examples
住民税は前年の所得をもとに計算されます。
Resident tax (住民税) is calculated based on income from the previous year.