Search through curated knowledge and find what you need — fast.
Question: Are Director compensation taxable? Also, how many times may the director receive it per year?
9-2. About personal income tax
Answer: Director compensation for foreign directors is tax free. However, in the case of a company where such as a sololy shareholder and director type and conducts business, it may be regarded as salary income (taxable). In principle, it is recommended that director compensation be received only when local staff are employed (determined based on real standards). There is no legal limit on the number of times, however it is better to keep it twice a year.