Please tell me about the filing schedule for a Japanese corporation’s corporate taxes, etc.
Corporate tax, corporate business tax, corporate resident tax, consumption tax and establishment tax are due two months after the closing date. In addition, the filing deadline for corporate tax, corporate business tax and corporate resident tax can be extended for one month.
★ Explanation ★
1. General filing deadline
Regarding the corporate tax filing schedule for Japanese corporations, the deadline is generally two months after the closing date. The deadline for filing corporate tax, corporate business tax and corporate resident tax can be extended for one month. As for consumption tax, the filing deadline cannot be extended, so you need to be careful.
2. Extension of filing deadline and tax payment
To extend the filing deadline, you need to first submit an application form for the extension of the filing deadline by the end of the fiscal year when the extension is to be applied. In addition, do not only report corporation tax (including local corporate tax) but also include corporation business tax and corporation resident tax. Please be careful not to omit anything during submission.
Moreover, take note that it is necessary to pay taxes within two months from the closing date because tax payment cannot be extended even if it is the kind of tax that has an extendable filing deadline.