Tax exemption

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

Retirement Income Amount = (Retirement Allowance Income - Retirement Allowance Deduction) x 1/2

※For retirement income deductions, refer to “How to calculate retirement income deductions”.

If there is an insurance premium or premium paid by the employee, such as the Retirement lump sum paid in accordance with the defined benefit corporate pension agreement, the remaining amount obtained by subtracting the amount of the premium or premium paid by the employee from the amount paid will be the amount of Retirement income.

In addition, the above request method is rounded in the middle of the calculation, so when calculating the exact tax amount, please follow the following "How to calculate the tax amount (1,2,3)".

（1） I'll get 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))

※For retirement income deductions, refer to “How to calculate retirement income deductions”.

（2） I'll get the amount of Retirement income. (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 = (income from retirement allowance, etc. - retirement income deduction) x 1/2

※If the amount of Retirement income is 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 “Specific Officer Retirement Allowance, etc.” (applied after 2013)
　Regarding retirement allowances for specified officers (such as retirement allowances paid to persons who have been with the company for 5 years or less, which are paid as retirement allowances corresponding to the years of service for the officers, etc.), Retirement income is calculated by subtracting retirement income deductions from the amount of retirement allowance (the above formula does not apply to 1/2 calculations.) 。
　"Every years of service for officers, etc." refers to the number of years of working as an officer, etc. (if there is a fraction less than one year, the fraction is rounded up to one year) during the service period related to retirement allowances, etc. I mean
　"Official officers, etc." means the person listed in the following a to c.

(B) Directors, Executive Officers, Accounting Advisors, Audit & Supervisory Board Members, Directors, Auditors and liquidators of corporations, and certain persons other than those who are engaged in the management of corporations.

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

(C) National and local government officials

※When retirement allowance falls under “short-term retirement allowance, etc.” (applied after 2022)
　For short-term retirement allowances (those paid as retirement allowances corresponding to short-term service years and do not fall under specific officer retirement allowances, etc.), the amount obtained by subtracting retirement income deduction from retirement allowance The 1/2 calculation of the above formula is not applied to the portion exceeding 3 million yen.
　“Short-term service years” 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, and if there is a period of service as an officer, etc. Calculate including the period.

（3） I will 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, 314-3, 328-2, 328-3)

Municipal tax income percent = amount of Retirement income x 6%

Prefectural tax income percent = Retirement income amount x 4%

※If the municipal tax / prefectural tax income percent has a fraction of less than 100 yen, the amount less than 100 yen will be rounded down. (Local Tax Law 20-4-2(3))
※If the payment of retirement benefits is before December 31, 2012, the amount of income related to Retirement income is calculated after deducting an amount equivalent to one tenth of that amount.

1. Net income from retirement benefits, etc.: 10.42 million yen, years of service: For 20 years
（1） I'll get 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） I'll get the amount of Retirement income. (It is the same as the one used in the calculation of income tax.)
　　(10.42 million yen to 8 million yen) x half = 1.21 million yen (rounded down if there is a fraction less than 1,000 yen)

（3） I will 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)

　　(A) 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. Income from retirement allowances for specified officers of 5 years or less: 10.42 million yen, years of service: For 4 years and 8 months (5 years or less)
(Applicable from 2013)
（1） I'll get 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） I'll get the amount of Retirement income. (It is the same as the one used in the calculation of income tax.)
　　(10.42 million yen to 2 million yen) = 8.42 million yen (rounded down if there is a fraction less than 1,000 yen)

（3） I will 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)

　　(A) 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. Short-term Retirement Hands and others for less than 5 years: 5 million yen, years of service: For 4 years and 8 months (5 years or less)
(Applicable from 2022) ※Amount of income from short-term retirement allowances-In the case of retirement income deduction ≤ 3 million yen
（1） I'll get 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） I'll get the amount of Retirement income. (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)

（3） I will 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)

　　(A) 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. Short-term Retirement Hands and others for less than 5 years: 5.5 million yen, years of service: For 4 years and 8 months (5 years or less)
(Applicable from 2022) ※Short-term retirement benefits, etc. - Retirement income deduction＞In the case of 3 million yen
（1） I'll get 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） I'll get the amount of Retirement income. (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 (rounded down if there is a fraction less than 1,000 yen)

（3） I will calculate the income percent for Retirement income.
　　Oh, municipal tax income percent
　　2 million yen x 6% = 120,000 yen (rounded down if there is a fraction less than 100 yen)

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

Income related to futures transactions when transferring assets such as land, buildings, stocks, etc. and income related to futures transactions are to be calculated separately from other income such as employment income and business income. This is the same as the income tax, which is the national tax.
In the transfer of land, buildings, etc., it is divided into long-term or short-term transfer income according to the ownership period of the transferred asset (determined based on January 1 of the transfer year), and the method of calculating the tax amount differs. You.

(Note 1) Special deductions: In the case of transfer of residential property, there is a special deduction of 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 each ward office.