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SOURCE ROOM

Tax Answer No. 2260: Income Tax Rates.

National Tax Agency.

Claims Supported by This Source

  1. Excluding rates for separate taxation and other specific cases, income tax rates are divided into seven brackets, ranging from 5 percent to 45 percent.
  2. Calculation example for a taxable income of 7,000,000 yen: 7,000,000 yen × 0.23 - 636,000 yen = 974,000 yen.

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