Assuming the amount repaid is not larger than the amount originally invested, I understand there will be no dividend tax, but what about the taxes paid by the individual on their personal income?
Example numbers:
1. Salaryman job being paid 7,000,000 gross
2. No dependants (only standard 所得控除 applied)
3. Owns 50% of a 合同会社 with 2,000,000 in capital （資本金）
4. Wants to withdraw 300,000 of capital
Does the 300k count as taxable income for the individual, even if it has no capital gains (i.e. the company is worth less than when it was invested in)?
I am fairly clear about the procedures for announcing a change in capital from the company’s perspective (go to 法務局, pay fee), but for the individual receiving the return capital, does this need to be declared, and if so how?
Thank you in advance for any and all useful leads and info.
by idler_JP