Legislative Update for PeopleSoft HCM Global Payroll Japan - Tax Cut effective 1st June 2024

March 5, 2024 | 1 minute read
Ravikanth Pandikunta
Principal Product Manager
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English Version

“A new Tax Cut program has been introduced by the National Tax Agency and provided the initial guidance for the implementation of the same. A fixed tax cut of 30,000 yen per person (includes employee, same living spouse and dependents) is deducted from the total tax payable from the earnings after 1st June 2024.

Our Position Statement has been updated with the details of the legislation. We encourage our customers to review the latest statement to keep up to date. The Position Statement can be found on My Oracle Support, Doc ID 3008442.1


Japanese Version:



ポジションステートメントはMy Oracle Support Doc ID 3008442.1にて参照することができます。

Ravikanth Pandikunta

Principal Product Manager

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