|
The following forms of income are exempt from tax if they are received by an individual:
- Relocation expenses paid by an employer.
- Housing supplied by the employer, subject to certain terms.
- Reasonable airfare paid by the employer for home leave.
- Severance pay, subject to certain conditions.
- Incidental income from gifts and grants from the company, subject to specific conditions.
- For companies, dividends received from a Japanese company, when the holding in the paying company is 25% or more.
|
