NEED HELP: sole proprietorship with less than 380,00 profit

Hi, paperwork noob here…non-permanent resident
I am doing some music-teaching related work, but considering how much I reinvest into music equipment and other necessary things for my office and deductibles, I can make he case for making less than 380,000Â¥ profit.

1. **That means I don’t have to pay income/ business tax, right?**
2. **What other taxes do I have to be aware of? (Does it exempt me from Municipal taxes as well?)**

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