Japanese Business Glossary

所得控除 (shotoku kojo) translates to income deduction. This term refers to the amounts that can be subtracted from an individual's gross income to determine their taxable income. Income deductions are used to lower the overall tax liability and may include deductions for dependents, medical expenses, insurance premiums, and various other qualifying expenses. By applying these deductions, taxpayers can reduce the portion of their income that is subject to tax.

給与所得者 (kyūyo shotokusha) means salary earner or wage earner. This Japanese term refers to an individual who earns income primarily from employment, receiving regular payments in the form of wages, salaries, or other compensation from an employer.

充当予定金額 (jūto yotei kingaku) is the planned allocation amount or intended allocation amount. This Japanese term refers to the amount of money that is designated or planned to be allocated for a specific purpose or expense. It indicates the amount set aside in financial planning or budgeting to cover particular costs or obligations.

法人税 (hojinzei) translates to the corporate tax or corporation tax in English. This tax is imposed on the income or profits of corporations and other legal entities in Japan. The tax is calculated based on the company's taxable income, which includes revenue minus allowable deductions and expenses. The corporate tax rate and specific regulations are determined by Japanese tax laws and may vary depending on the size and type of the corporation.

課税売上高 (kazei uriage-daka) translates to taxable sales or taxable turnover in English. This term refers to the total amount of sales or revenue generated by a business that is subject to taxation. It includes all sales transactions that are not exempt from tax and are therefore subject to consumption tax or other applicable taxes. This figure is important for calculating the amount of tax a business owes to the tax authorities.

給与の支払者の確認 (kyūyo no shiharai-sha no kakunin) refers to the confirmation of the payer of salaries. This phrase is often used in the context of verifying the identity and details of the entity or individual responsible for paying an employee's wages. This confirmation process is important for tax reporting, ensuring that the correct amounts are withheld and reported for tax purposes. It helps to accurately attribute the income and associated tax obligations to the appropriate employer or payer.