Personal Income Tax (Individual income tax)

As you may know that there are 10 types of classification of Income tax in personal income tax in Japan as follows,

interest income

dividend income

real estate income

business income

employment income

retirement income

timber income

capital gains

occasional income

miscellaneous income

Please note that according to the types of income, the amount of income is calculated by subtracting deductions from earnings such as necessary expenses, etc. from the amount of earnings in one year.

Total earnings -Necessary expenses= Income