Japan Tax Agency Posts 2023 Guidance on Withholding Tax, Special Income Tax Year-End Adjustments

The Japanese National Tax Agency Sept. 25 posted online 2023 guidance on withholding and special income tax year-end adjustments. Topics covered include: 1) the Jan. 10, 2024, deadline for payment of income tax withheld at the source, and special income tax related to year-end adjustments; 2) the extension of the deadline to Jan. 22, 2024, for taxpayers with special approval; 3) the Jan. 31, 2024, deadline for submission of legal records, including withholding tax slips for salaried employees; 3) the year-end tax settlement schedule, calculation procedure, and declaration forms; 4) payments of shortfall amounts, and the refund procedure for overpaid ...