A papa who runs his own company told me, “I keep my salary low because the taxes get too high.” Apparently, he earns around ¥20 million a year.
This content is machine-translated.
The salon’s membership requirements say an annual income of ¥40 million or more, but does that mean the company presidents who belong to the salon can afford to pay even higher taxes and still take home more than ¥40 million a year?
👤Asked byGuest👩GenderFemale🎂30s👑Universe female member
A company owner-president can set their salary (executive compensation) relatively low—say, ¥20 million—and still receive several billion or even tens of billions of yen a year in stock dividends if the company is profitable.
If annual income is defined as compensation for labor, then in the example above, their annual salary would be ¥20 million, but their total annual income would be in the tens of billions.
It’s me.
(3 replies left)
(3 replies left)
💡 This question has no password registered, so the reply feature is unavailable.
If you access from the device/browser used to post the question, you may be able to set a password later.
I do the same as well, but there are cases where salaries are determined after taking into account the tax burden on both the company and the individual.
I’m not sure how the asset requirements for joining the club are defined, but if your salary decreases, the company’s profits increase. That raises the company’s value, meaning your assets may actually increase in the future.
I’ll leave out the assumptions and finer details.
(3 replies left)
(3 replies left)
💡 This question has no password registered, so the reply feature is unavailable.
If you access from the device/browser used to post the question, you may be able to set a password later.
Company presidents can set their own salaries, after all. If they lower their salary, the company’s profits increase by that amount.
I earn ¥1.2 million a year.
(3 replies left)
(3 replies left)
💡 This question has no password registered, so the reply feature is unavailable.
If you access from the device/browser used to post the question, you may be able to set a password later.
