{"version":"1.0","provider_name":"WealthPark","provider_url":"https:\/\/wealth-park.com\/en","title":"Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 1) - WealthPark","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"UN8V01p5Nl\"><a href=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/20230627personal-company-tax1\/\">Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 1)<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/20230627personal-company-tax1\/embed\/#?secret=UN8V01p5Nl\" width=\"600\" height=\"338\" title=\"&#8220;Personal vs. Company Ownership: Tax Implications for Purchasing Property in Japan (Part 1)&#8221; &#8212; WealthPark\" data-secret=\"UN8V01p5Nl\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/wealth-park.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/wealth-park.com\/wp-content\/uploads\/2023\/06\/3.jpg","thumbnail_width":1200,"thumbnail_height":675,"description":"We are often asked a question by our overseas clients who are planning to invest or relocate in Japan : From a tax perspective, is it more advantageous to purchase Japanese property under an individual name or a company name? This issue involves complex tax regulations and personal circumstances. We will explore this topic and provide a comprehensive analysis to assist our clients in making informed decisions. In Part 1, we will introduce the tax comparison between individuals and companies when it comes to purchasing, holding, and selling properties in Japan. Differences in Taxation for Individuals and Companies on Real Estate Rental Income (Part 1) Taxation on Real Estate Rental Income for Individuals is &#8220;Income Tax&#8221; for Companies is &#8220;Corporate Tax&#8221; Since the tax rates for &#8220;Income Tax&#8221; and &#8220;Corporate Tax&#8221; differ, let&#8217;s compare which one offers more advantages: &#8220;Income Tax&#8221; Imposed on Individual Income Real estate rental income is subject to income tax, which also applies to other sources of income as well, such as salary income. If you have additional sources of income, they will be combined, and..."}