Consolidated Taxation
The new consolidated taxation system introduced in 2002 is a revolutionary system which enables group companies with 100% capital relationship to declare its combined income. Generally, when there companies with red and black in its books within the consolidated group, the company in black will be fully taxed. However, when the new consolidated taxation is applied, the combined profit made after balancing out the red and black will only be taxed.
The partners of Sakurada Igarashi have engaged in various practices and writing activities related to consolidated taxation. By utilizing our know-how, we hope to help provide your company with the best solution in tax strategies.
Examples of consultation service
・Explanation of pros and cons of applying to consolidated taxation
・Simulation of tax evolution after applying to consolidated taxation
・Preparation of necessary application forms
・Preparation / review or consolidated tax returns
・Simulation of tax evolution after applying to consolidated taxation
・Preparation of necessary application forms
・Preparation / review or consolidated tax returns