East Asia

Japan: tax at a glance

A high-tax jurisdiction. The top combined income tax rate is near 56%, and the country has the world's highest inheritance tax, reaching 55%, which applies to the worldwide estates of long-term foreign residents.

Worldwide (residence-based) Last verified July 2026

The taxes

Personal income (top)
45% national rate (about 55.9% combined with the 10% local inhabitant tax).
Corporate income
About 29.7% effective (national rate of 23.2% plus local taxes).
Capital gains
20.315% flat on listed securities (15.315% national plus 5% local).
VAT / Consumption Tax (消費税)
10%
Dividends (WHT)
20.42% for non-residents, or 15.315% on listed shares.
Interest (WHT)
15.315%, rising to 20.42% on certain payments to non-residents.
Royalties (WHT)
20.42%
Social security (employee)
About 15% (pension at 9.15%, health at about 5%, plus care insurance).
Social security (employer)
~15%+ (pension 9.15% + health + labour insurance)
Wealth tax
None
Inheritance / estate
10–55% progressive, the world's highest top rate. This applies as a worldwide estate tax for long-term or Table-2-visa residents.
Property tax
A fixed asset tax of 1.4% of assessed value, plus a city planning tax.
Other
A reconstruction surtax of 2.1% on income tax, plus a 10% local inhabitant tax.

How the system works

Tax system
Worldwide (residence-based)
Foreign income
Taxed (worldwide)
Taxes by citizenship
No
Exit tax
Yes, leaving has a cost
CFC rules
Yes
CRS
Participating
Special regime
Non-permanent resident status. Foreign-source income is exempt unless remitted, for the first 5 of 10 years.

The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.

Frequently asked

What is the income tax rate in Japan?

The top marginal personal income tax rate in Japan is 45% national rate (about 55.9% combined with the 10% local inhabitant tax).. The national tax is progressive, running 5–45%, with the top bracket applying above JPY 40M. On top of that sits a flat 10% local inhabitant tax and a 2.1% reconstruction surtax on the national tax.

What is the corporate tax rate in Japan?

The headline corporate income tax rate is About 29.7% effective (national rate of 23.2% plus local taxes)..

Does Japan tax capital gains?

Capital gains for individuals: 20.315% flat on listed securities (15.315% national plus 5% local)..