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Materials on Corporate Taxation

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(Notes)
1. The data of corporation tax revenues; until FY2019: Settlement. FY2020: Estimated. FY2021: Based on the budget.
2. The income amount (before net loss carried forward) is based on the National Tax Agency's Corporate Sampling Survey. The data until FY2005 are based on business years that end between February 1 of the relevant year and January 31 of the next year, and data for FY2006 and thereafter are based on business years that end between April 1 of the relevant year and March 31 of the next year.

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●  Tax rates will be reduced while securing revenue by expanding the tax base through system reforms.
→ The statutory corporation tax rates (for national and local taxes) were reduced to “below the 30% level”
    in FY2016.
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