Necessary expenses - Hitsuyoukeihi

Japanese: 必要経費 - ひつようけいひ

Expenses necessary to produce a certain income. The amount remaining after deducting these from the amount of income becomes the tax base for income tax. Under the Income Tax Act, the cost of sales, sales expenses, labor costs, administrative expenses, depreciation, etc. are considered necessary expenses for real estate, business, forestry, and miscellaneous income. This is not allowed for salary income, and instead there is a salary income deduction, but there is strong criticism that this is unfair in terms of taxation compared to other types of income.

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:

ある所得を生み出すのに必要な経費。収入金額からこれを控除した残額が所得税の課税標準となる。所得税法上，不動産・事業・山林・雑の各所得につき，売上原価・販売費・人件費・管理費・減価償却費等が必要経費とされる。給与所得の場合，これは認められず，代りに給与所得控除があるが，他の所得に比して課税上不平等だとの批判が強い。

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