Wall Of 1.03 Million Yen And 1.30 Million Yen

In Japan, Wall of 1.03 million yen and 1.30 million yen (103万円・130万円の壁) is a controversial social phenomenon among Japanese housewives due to the government's taxation policy. That is, those who have an income in excess of 1.03 million yen cannot have marital deduction (配偶者控除) and those who exceed the income of 1.30 million yen cannot have special marital deduction (配偶者特別控除). See also: Tax in Japan

External links

*Filling Out the Tax Reforms -- An exhaustive article about tax system in Japan.

 

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