Tax
item Rate Intentional 35-40% Missing Deadline/Failure in filing -tax up to 500,000 yen 15% Missing Deadline/Failure in filing -tax over 500,000 yen 20% Under reporting -reported and corrected by tax payer w/o audit 5% Under reporting found by tax audit – tax below 500,000 yen 10% Under reporting found by tax audit – tax over … Read More “Tax penalties” »