LogProstyle Announces Refund of Japanese Withholding Tax on Cash Dividends
LogProstyle Inc. Common Shares (LGPS)
Company Research
Source: Business Wire
TOKYO--(BUSINESS WIRE)--LogProstyle Inc. (NYSE American: LGPS) (the “Company” or “LogProstyle”), a leading real estate renovation and resale, development, hotel and restaurant management company, today announced that it will process a refund of Japanese withholding income tax in connection with the cash dividend described below, as previously disclosed by the Company on July 7, 2025.Cash Dividend Parameters:Record Date: July 7, 2025Payment Date: August 5, 2025Dividend per Share: US$0.023Cash Dividend Announcement URL: https://www.logprostyle.co.jp/main/wp-content/uploads/2025/07/20250707-1-PRIR-EN.pdfIn connection with the cash dividend, the Company withheld Japanese income tax at the highest domestic tax rate of 20.42% and remitted such tax to the Japanese tax authority. Based on the Company’s consultations with the relevant tax office and the National Tax Agency, the Company understands that the applicable withholding tax treatment is as follows:Applicable Withholding Tax Rates:
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