Frequently Asked Questions
【Koshida Accounting Firm Column Date:】
What are the penalties for late tax payments in Japan?
The penalty rate is 5% if you voluntarily pay the tax before a tax audit. If you pay as a result of a tax audit, the rate increases to 10% or 15%.
In addition, interest will be imposed, and the rate depends on the applicable statutory interest rate at that time.
Please see below for more detailed information.
The Penalty for Filing Late Tax Returns in Japan