TAX DEDUCTIBILITY OF GIFTS IN JAPANESE YEN
The British School in Tokyo operates under the Gakko Hojin of Showa Women’s University in Setagaya, and Shibuya Kyoiku Gakuen in Shibuya. Within the respective legal ‘umbrellas’ of these two institutions, the School enjoys the status of Tokutei Koeki Zoshin Hojin (Specified Public Interest Promotion Corporation), often referred to as Tokuzo.
Under current Japanese tax law this special tax dispensation status allows the School to issue tax receipts for donations over ¥2,000. Both individuals and corporations may deduct donations from their taxable income in Japan. For individuals, the upper limitation is 40% of total taxable income. The limitation for corporations is in accordance with a formula in tax law. More information is available at the Development Office.
Your donation can be included when filing your tax return, as a receipt can be provided by the school.
Please make your bank transfer to the account below and include your donor name with the payment.