Tackling the Tax Issue with a New Vision
The fact that TUJ is subject to Japanese corporate income and consumption taxes due to our legal status as a for-profit organization is a key issue related to long-term sustainability. For TUJ, ending taxation means not only a removal of the 42% tax on surpluses that would give us more budgetary freedom, but also a removal of 5% consumption tax on tuition that would have significant impact on our marketing capabilities.
Working with the Ministry of Education (MEXT) and our political supporters, we have and will continue to negotiate tax relief as a part of US-Japanese trade negotiations. At the same time, we will add a new dimension to our arguments emphasizing that increasing TUJ's financial stability through tax relief will help our educational mission and aid our ability to support Japanese higher education.