tag:blogger.com,1999:blog-2207076947655236975.post8624506281380846916..comments2024-03-14T07:32:30.141+09:00Comments on Marketing Japan: Japanese Government Tax Madnessmike in tokyo rogershttp://www.blogger.com/profile/04977446676243085409noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2207076947655236975.post-56370364646137399112011-02-04T08:58:29.826+09:002011-02-04T08:58:29.826+09:00The income tax rate is up to 48% for earned income...The income tax rate is up to 48% for earned income. If your income comes from capital gains, it can be as high as 70+%. <br /><br />I sold stock last year and my income tax rate in Japan was to be nearly 70%... So I had to leave the country and change my place of residence.<br /><br />I enjoy living in Japan and the people. I do not love the taxes and, since I am a foreigner, I can escape, Japanese people cannot.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-24329106950940562792011-02-04T07:53:52.583+09:002011-02-04T07:53:52.583+09:00PS: Unlike most countries, Japan even has Sales Ta...PS: Unlike most countries, Japan even has Sales Tax on basic foodstuffs like milk, eggs & rice. I know for a fact that there is no Sales Tax on basic food stuffs in the USA in states like California (Sales Tx in USA is state run) and have never seen them in the few European countries that I have been to.mike in tokyo rogershttps://www.blogger.com/profile/04977446676243085409noreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-11498506389788316132011-02-04T07:50:53.078+09:002011-02-04T07:50:53.078+09:00Are personal income taxes 45 ~ 48% in those countr...Are personal income taxes 45 ~ 48% in those countries? No.<br /><br />Andorra has no income tax. Iran is only 15%. Jersey is 20%. China starts at merely 5% ~ 25%. To compare Japan with those nations is comparing apples and oranges.<br /><br />Great. You compare Japan to Europe? You want us to be in the fine shape that Ireland, Greece, Portugal, Spain, etc. etc. are?mike in tokyo rogershttps://www.blogger.com/profile/04977446676243085409noreply@blogger.comtag:blogger.com,1999:blog-2207076947655236975.post-29316650094339199032011-02-04T07:33:23.874+09:002011-02-04T07:33:23.874+09:00What's so crazy about it?
Keep in mind that s...What's so crazy about it?<br /><br />Keep in mind that sales tax rates of 20% to 25% are not uncommon in other countries. In fact, only Andorra (4.5%), Iran and Jersey (both 3%) have lower sales tax than Japan. In most European countries, as for all other industrial nations, the average sales tax is 20~21%. Even in China it is 17%.Anonymousnoreply@blogger.com