Glossary entry (derived from question below)
Japanese term or phrase:
差引確定法人税額
English translation:
Final corporate tax after all deductions
Added to glossary by
Michael Karpa
Oct 19, 2009 02:17
14 yrs ago
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Japanese term
Australia
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差引確定法人税額
Japanese to English
Bus/Financial
Law: Taxation & Customs
Tax document. Thanks!
Proposed translations
(English)
| 3 | Final corporate tax after all deductions |
Michael Karpa
|
| 3 | Net corporate tax liability (after deductions) |
Vakil
|
Change log
Oct 26, 2009 14:17: Michael Karpa Created KOG entry
Proposed translations
1 day 12 hrs
Selected
Final corporate tax after all deductions
This term refers to the final figure you get for corporate tax after going through the process outlined below, adjusting for special exemptions, adding in other taxes owed, subtracting credits for other taxes paid, and subtracting estimated taxes paid mid-year. I agree that there is probably no standard term for it, but the word "final" should probably appear in there and adding "all" is probably wise.
各事業所（法人）年度の所得金額×法人税率→法人税額
法人税額ー法人税額の特別控除→差引法人税額
差引法人税額＋同属会社・土地重課の特別税額→法人税額計
法人税額計ー所得税・外国勢控除→差引所得に対する法人税額
差引所得に対する法人税額ー中間申告分の法人税額→差引確定法人税額
各事業所（法人）年度の所得金額×法人税率→法人税額
法人税額ー法人税額の特別控除→差引法人税額
差引法人税額＋同属会社・土地重課の特別税額→法人税額計
法人税額計ー所得税・外国勢控除→差引所得に対する法人税額
差引所得に対する法人税額ー中間申告分の法人税額→差引確定法人税額
4 KudoZ points awarded for this answer.
Comment: "thanks!"
1 hr
Net corporate tax liability (after deductions)
I am not sure if there is a 定訳 for this.
Please refer to the following URL to get an overview of how 差引確定法人税額 is calculated.
http://www.m-net.ne.jp/~k-web/beppyo/kaktei.html
Also google the term "net corporate tax liability"...
Japanese corporate income taxes consist of corporation tax (national tax), business tax (local tax) and prefectural and municipal inhabitant taxes (local tax). The corporation tax rate is 30 percent (22 percent on the first 8 million yen for companies with paid-in capital of JPY 100 million or less). Local tax rates vary depending on the locality, the amount of paid-in capital of the company, etc..
The tax rate shown is the illustrative effective tax rate for a company in Tokyo with paid-in capital of more than JPY 100 million after taking into account a deduction for business tax (the business tax itself is tax deductible). Size-based business tax is also levied on a company with paid-in capital of more than JPY
100 million, in addition to the income-based business tax. So the overall tax rate for such companies can be higher than 40.69 percent. The size-based business tax rates in Tokyo are 0.504 percent on the “added value component” tax base (total of labor costs, net interest payments, net rent payments and income/loss
of the current year) and 0.21 percent on the “capital component” tax base (total paid-in capital and capital surplus). For small and medium-sized companies with paid-in capital of JPY 100 million or less, the effective tax rate in Tokyo is 42.05 percent and no size-based business tax is imposed.
Source: http://www.kpmg.or.jp/resources/research/r_tax200604_1.pdf
Please refer to the following URL to get an overview of how 差引確定法人税額 is calculated.
http://www.m-net.ne.jp/~k-web/beppyo/kaktei.html
Also google the term "net corporate tax liability"...
Japanese corporate income taxes consist of corporation tax (national tax), business tax (local tax) and prefectural and municipal inhabitant taxes (local tax). The corporation tax rate is 30 percent (22 percent on the first 8 million yen for companies with paid-in capital of JPY 100 million or less). Local tax rates vary depending on the locality, the amount of paid-in capital of the company, etc..
The tax rate shown is the illustrative effective tax rate for a company in Tokyo with paid-in capital of more than JPY 100 million after taking into account a deduction for business tax (the business tax itself is tax deductible). Size-based business tax is also levied on a company with paid-in capital of more than JPY
100 million, in addition to the income-based business tax. So the overall tax rate for such companies can be higher than 40.69 percent. The size-based business tax rates in Tokyo are 0.504 percent on the “added value component” tax base (total of labor costs, net interest payments, net rent payments and income/loss
of the current year) and 0.21 percent on the “capital component” tax base (total paid-in capital and capital surplus). For small and medium-sized companies with paid-in capital of JPY 100 million or less, the effective tax rate in Tokyo is 42.05 percent and no size-based business tax is imposed.
Source: http://www.kpmg.or.jp/resources/research/r_tax200604_1.pdf
Reference comments
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