> For the complete documentation index, see [llms.txt](https://planetdao.gitbook.io/planetdao-rule-book-english/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://planetdao.gitbook.io/planetdao-rule-book-english/general-faq/welcome-to-planetdao-general-faqs/shares/what-are-the-tax-implications-for-owning-shares-in-companies-in-japan.md).

# What are the tax implications for owning shares in companies in Japan?

We will deduct applicable taxes before distributing payments, ensuring compliance. However, depending on your country of residence, you may be eligible for a tax reduction through additional processes. Although applying for a refund can be time-consuming, it might offer tax benefits based on local regulations.