Налогообложение физических лиц в Японии

The article contains a detailed description of the individual income taxation order given in the Japan's legislation and administrative practices as it was on March 1995. It distinguishes all the stages in individual income taxation including determination of ten categories of taxable income, computation of aggregate income, application of the allowable exemptions, deductions and credits and finally the way of filing income tax returns. A proper attention is paid to the Special Tax Measures which exclude some income categories from aggregate income and apply separate tax rates to them. Finally the article deals with the specific way of inheritance and gift taxation in Japan.