Special provisions for taxation

Income percent of municipal tax pertaining to retirement allowances and prefectural tax are collected specially when receiving payments such as retirement allowances. The tax rate is uniform, 6% for municipal tax and 4% for prefectural tax (excess tax on personal prefectural tax does not apply).

(Note) Retirement income = (income from retirement allowance income deduction) x 1/2

※Please refer to "How to calculate retirement income deduction" for retirement income deduction.

If there is an insurance premium or contribution paid by the employee himself, such as a lump-sum payment for Retirement, which is paid in accordance with the defined benefit corporate pension agreement, the remaining amount after deducting the insurance premium or contribution paid by the employee from the amount paid shall be the amount of income from Retirement income.

In addition, since the above calculation method will be rounded in the middle of the calculation, when calculating the exact tax amount, please follow the following "Calculation method of tax amount (1,2,3)".

（1） Calculate the retirement income deduction. (It is the same as the one used in the calculation of income tax.) (Income Tax Law 30(3) and (4))

※Please refer to "How to calculate retirement income deduction" for retirement income deduction.

（2） Retirement income amount. (It is the same as the one used in the calculation of income tax.) (Income Tax Law 30 (2), Local Tax Law 50 (3) (2), 328-2 (2))

Retirement income = (Amount of retirement allowance income -Retirement income deduction) x 1/2

※If the amount of Retirement income has a fraction of less than 1,000 yen, the amount less than 1,000 yen will be rounded down. (Local Tax Law 20-4-2 (1))

※When retirement allowances fall under “specified officer retirement allowances, etc.” (applicable after 2013)
　For retirement allowances for specified officers (such as retirement allowances paid by persons who have been with the company for 5 years or less, which are paid as retirement allowances corresponding to the length of service of the officers, etc.) The amount obtained by subtracting the retirement income deduction from the amount is the amount of Retirement income (the 1/2 calculation of the above formula does not apply.) 。
　“Educational years of service for officers” refers to the number of years of service during the period of service related to retirement allowance, etc. (If there is a fraction less than one year, the fraction is rounded up to one year) .
　"Executives, etc." refers to the persons listed in the following a to c.

B. Directors, Executive Officers, Accounting Advisors, Audit & Supervisory Board Members, Directors, Auditors and liquidators, and certain other persons engaged in the management of the corporation.

(B) Members of Parliament and Members of Parliament of Local Governments

C State and Local Government Officials

※Retirement allowances fall under “short-term retirement allowances, etc.” (applicable after 2022)
　For short-term retirement allowances (paid as retirement allowances, etc. corresponding to the length of service and do not fall under the retirement allowance for specified officers, etc.) Of the amount exceeding 3 million yen, 1/2 calculation of the above formula does not apply to the portion exceeding 3 million yen.
　“Short-term service” means that the length of service calculated based on the period of working as a person other than an officer, etc. is 5 years or less. Calculate including

（3） Calculate the income percent for Retirement income. (The tax rate is uniform, municipal tax: 6%, prefectural tax: 4%.) (Local Tax Law 35, 50-3, 50-4, 3143, 328-2, 328-3)

Municipal tax income percent = Retirement income x 6%

Prefectural tax income percent = Retirement income x 4%

※When municipal tax, prefectural tax income percent has fraction less than 100 yen, we cut off amount less than 100 yen. (Local Tax Law 20-4-2(3))
※If the date on which retirement allowances should be paid is before December 31, 2012, the income percent for Retirement income shall be calculated after deducting the amount equivalent to one-tenth of that amount from the calculated income percent.

1. Retirement allowance income: 10.42 million yen, years of service: In the case of 20 years
（1） Calculate the retirement income deduction. (It is the same as the one used in the calculation of income tax.)
　　400,000 yen x 20 years = 8 million yen

（2） Retirement income amount. (It is the same as the one used in the calculation of income tax.)
　　(10.42 million yen to 8 million yen) x half = 1,210,000 yen (If there is a fraction less than 1,000 yen, round it down)

（3） Calculate the income percent for Retirement income.
　　Oh, municipal tax income percent
　　1.21 million yen x 6% = 72,600 yen (rounded down if there is a fraction less than 100 yen)

　　(I) Prefectural tax income percent
　　1.21 million yen x 4% = 48,400 yen (rounded down if there is a fraction less than 100 yen)

2. Amount of retirement allowance for specified officers 5 years or less: 10.42 million yen, years of service: 4 years and 8 months (5 years or less)
(Applicable after 2013)
（1） Calculate the retirement income deduction. (It is the same as the one used in the calculation of income tax.)
　　400,000 yen x 5 years = 2 million yen

（2） Retirement income amount. (It is the same as the one used in the calculation of income tax.)
　　(10.42 million yen-2 million yen) = 8.42 million yen (rounded down if there is a fraction less than 1,000 yen, round it down)

（3） Calculate the income percent for Retirement income.
　　Oh, municipal tax income percent
　　8.42 million yen x 6% = 505,200 yen　→　505,200 yen (rounded down if there is a fraction less than 100 yen)

　　(I) Prefectural tax income percent
　　8.42 million yen x 4% = 336,800 yen　→　336,000 yen (rounded down if there is a fraction less than 100 yen)

３. Income from short-term Retirement Hands and others: 5 million yen, years of service: 4 years and 8 months (5 years or less)
(Applicable from 2022 onward) ※Income from short-term retirement allowances, etc.-In the case of retirement income deduction ≤ 3 million yen
（1） Calculate the retirement income deduction. (It is the same as the one used in the calculation of income tax.)
　　400,000 yen x 5 years = 2 million yen

（2） Retirement income amount. (It is the same as the one used in the calculation of income tax.)
　　(5 million yen to 2 million yen) x 1/2 = 1.5 million yen (rounded down if there is a fraction less than 1,000 yen, round off)

（3） Calculate the income percent for Retirement income.
　　Oh, municipal tax income percent
　　1.5 million yen x 6% = 90,000 yen (rounded down if there is a fraction less than 100 yen)

　　(I) Prefectural tax income percent
　　1.5 million yen x 4% = 60,000 yen (rounded down if there is a fraction less than 100 yen)

4. Income from short-term Retirement Hands and others: 5.5 million yen, years of service: 4 years and 8 months (5 years or less)
(Applicable from 2022 onward) ※Income from short-term retirement allowance income-retirement income＞In the case of 3 million yen
（1） Calculate the retirement income deduction. (It is the same as the one used in the calculation of income tax.)
　　400,000 yen x 5 years = 2 million yen

（2） Retirement income amount. (It is the same as the one used in the calculation of income tax.)
　　1.5 million yen + (5.5 million yen-(3 million yen + 2 million yen))) = 2 million yen (If there is a fraction less than 1,000 yen, round it down)

（3） Calculate the income percent for Retirement income.
　　Oh, municipal tax income percent
　　2 million yen x 6% = 120,000 yen (If there is a fraction less than 100 yen, round it down)

　　(I) Prefectural tax income percent
　　2 million yen x 4% = 80,000 yen (rounded down if there is a fraction less than 100 yen)

The income from the transfer of assets such as land, buildings, and stocks, and income from futures transactions are to be calculated separately from other income such as employment income and business income. This is the same as income tax, which is a national tax.
In the transfer of land, buildings, etc., it is classified as long-term or short-term transfer income according to the ownership period of the transferred assets (determined based on January 1 of the transfer year), and the tax calculation method is different. .

(Note 1) Special deduction: In the case of transfer of residential property, there is a special deduction up to 30 million yen under certain requirements, and there is also a special deduction in the case of transfer related to expropriation.
(Note 2) If there is an income deduction that could not be deducted from the gross income amount, the amount will be deducted.

If you have any questions, please contact your ward office.