Tax and Business-related Terminology Translations and Charts


Japanese to English Finance and Tax-related Terminology Translations and Charts

    A

  • Aoiro-shinkoku – blue tax return; compare white tax return
  • C

  • Chihouzei – local tax (municipal tax falls under this category)
  • Choubo – account book
  • E

  • En-nou – deferred payment
  • F

  • Fudousan-shyuunyuu – real estate income
  • Fukkou-tokubetsu-shotokuzei – special reconstruction tax
  • Fukushiki-boki – double-entry bookkeeping
  • Furou-shotoku; or sometimes Kenri-shyuunyuu – passive income
  • Fuyou-koujou – dependent deduction (tax-exemption for dependents)
  • G

  • Genka-shoukyaku – tax depreciation
  • Gensen-choushyuu – tax collected at the source; aka tax withholding
  • H

  • Haiguusha-koujou – spousal deduction
  • Haiguusha-tokubetsu-koujou – special spousal deduction; chart
  • Haitoukin – dividends
  • Hendou-kinri – floating interest rate; compare fixed interest rate
  • Hikazei – tax exemption
  • Hikazei-shuunyuu – tax-free income
  • Houjinzei – corporate tax
  • J

  • Jieigyou – independent business; self-employed
  • Jigyounushi – entrepreneur
  • Jyuuminzei – municipal tax; chart
  • K

  • Kaikakekin – accounts payable
  • Kaikei-nendo – fiscal year
  • Kakutei-shinkoku – final tax report for the year
  • Kanpuzei – tax rebate
  • Kazei – taxation
  • Keihi – expenses; necessary expenses
  • Kojin-nenkin – private pension
  • Kokumin-kenkou-hoken – national health insurance; online health insurance calculator
  • Kokumin-nenkin – national or state pension
  • Kotei-kinri – fixed interest rate; compare floating interest rate
  • Kotei-shisanzei – fixed asset tax
  • Kouteki-nenkin – public pension
  • Kyuuyo-shotoku – wage income after deduction
  • Kyuuyo-shotoku-koujou – wage income tax deduction; chart
  • Kyuuyo-shuunyuu – wage income
  • M

  • Motochou – ledger
  • N

  • Nenmatsu-shousei – year-end tax adjustment
  • S

  • Seisansho – liquidation statement or account
  • Settobakku; or “Setback” (real estate termi.) – the reclaiming by the city of the land area within 2 meters of the center of a public road when building or rebuilding on private property.
  • Shain – full-time worker
  • Shidou-futan – private road tax (included in fixed asset tax)
  • Shiroiro-shinkoku – white tax return; compare blue tax return
  • Shiyousha – user
  • Shotoku – taxable income
  • Shotokuzei – income tax; income tax calculation chart
  • Shouhizei – consumption tax (VAT, excise duty, sales tax, etc)
  • Shoyuusha – owner
  • Shoyuuken – ownership (of land, etc)
  • Shuusei-shinkokusho – revised income tax return
  • Shuushi-uchiwakesho – income and expenditure breakdown
  • Shuushin-seimeihoken – whole life insurance; compare term life
  • Son-eki-keisansho – profit and loss statement
  • Souzokuzei – inheritance tax; rates and charts
  • Suitouchou – receipt journal
  • T

  • Taishaku – debit and credit
  • Taishaku-taishouhyou – balance sheet
  • Tanshiki-boki – single-entry bookkeeping
  • Teiki-seimeihoken – term life insurance; compare whole life
  • Teiki-yokin – term deposit
  • U

  • Urikakekin – accounts receivable
  • Y

  • Yotei-nouzei – prepayment of income tax
  • Z

  • Zatsu-shyuunyuu – miscellaneous income

Attached Charts:

Income Tax Chart

Income tax T is calculated as T = (A)×(B)(C)

Taxable income (A)
Tax rate (B)
Deduction (C)
≤1.95 million yen 5% 0 yen
>1.95 ∼ ≤3.3 million yen 10% 97,500 yen
>3.3 ∼ ≤6.95 million yen 20% 427,500 yen
>6.95 ∼ ≤9 million yen 23% 636,000 yen
>9 ∼ ≤18 million yen 33% 1,536,000 yen
>18 million yen 40% 2,796,000 yen
  • Taxable income (A) is your remaining income after income-related expenses and initial deductions are taken out (see pie-graph 2 in the image below). Deduction (C) refers to the final pre-tax deduction (see pie-graph 4).

Tax Piegraph

  • Note the distinction between income tax deductions and wage income tax deductions.

Wage Income Deduction Chart

Wage income
Deduction
≤1,625,000 yen 650,000 yen
>1,625,000 yen ∼ ≤1,800,000 yen 40%
>1,800,000 yen ∼ ≤3,600,000 yen 30% + 180,000 yen
>3,600,000 yen ∼ ≤6,600,000 yen 20% + 540,000 yen
>6,600,000 yen ∼ ≤10,000,000 yen 10% + 1,200,000 yen
>10,000,000 yen ∼ ≤15,000,000 yen 5% + 1,700,000 yen
>15,000,000 yen 2,450,000 yen
  • The above is a generalized deduction chart. For a more detailed breakdown, see zeikin5.

Standard Juuminzei (municipal tax) Chart (may vary slightly by region; see regional chart to confirm your region’s rates)

per Capita
% of Income
Prefectural tax 1,000 yen + 500 yen 4%
City tax

3,000 yen + 500 yen 6%
  • Aside from slight variations, municipal tax is more or less equal across the country per unit taxable income. This contrasts with the cost of national health insurance, which is based on various local factors and can therefore differ greatly by city.
  • As with income tax, municipal tax is not tax deductible.
  • Per capita municipal tax was increased 1,000 yen (500 yen each) from 2014 for 10 years for the reconstruction of the Tohoku region.
  • Life insurance payments are generally tax deductible, but the amount varies between income tax and municipal tax, as well as whether your plan started before or after 2011. (See New life insurance deduction plan.)
  • How to calculate your juuminzei based on your income.

Special Spousal Deduction Chart

After-basic-deduction Income
Deduction
0 to 380,000 yen 0 yen
380,001 to 399,999 yen 380,000 yen
400,000 to 449,999 yen 360,000 yen
450,000 to 499,999 yen 310,000 yen
500,000 to 549,999 yen 260,000 yen
550,000 to 599,999 yen 210,000 yen
600,000 to 649,999 yen 160,000 yen
650,000 to 699,999 yen 110,000 yen
700,000 to 749,999 yen 60,000 yen
750,000 to 759,999 yen 30,000 yen
760,000 and over 0 yen
  • The column on the left is what the spouse earns, and the column on the right is the deduction that can be claimed by the main earner.
  • The “basic deduction” above varies depending on income, see salary tax chart.
  • Those whose spouse is earning 380,000 yen or less in after-basic-deduction income, qualify for the general spousal deduction, which is a full 380,000 yen.

Related pages you might find helpful:

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