Financial Terms
ていき定期どうがく同額きゅうよ給与
Fixed Regular Compensation
Definition
Fixed Regular Compensation (Teiki Dōgaku Kyūyo) is one of the requirements under the Corporate Tax Act for officer remuneration to be tax-deductible. The monthly payment must be the same amount, and changes must generally be made within 3 months of the start of the fiscal year.
Examples
役員報酬を損金算入するには、定期同額給与として毎月同じ金額を支給する必要があります。
For officer remuneration to be deductible, it must be paid as fixed regular compensation (定期同額給与) — the same amount every month.