How to File Your Final Income Tax Return in Japan
Tax time has arrived, so “Game on!” for all self-employed and freelancers in Japan! Remember you needed to leave a trail of breadcrumbs for every yen spent or earned? ‘Cuz
TAXES IN JAPAN: TOP 5 FREQUENTLY ASKED QUESTIONS
We’ve compiled TOP FAQs about Japanese taxes into an article. Hopefully, it will give you more confidence in starting your business in Japan. Enjoy!
How to get your Registered Supplier ID Number (aka VAT Number) in Japan
Great news! You can now acquire a Registered Supplier ID Number (aka VAT Number or Sales Tax ID) in Japan. It’s far from a secret that Japan is in the middle of updating its Consumption Tax System, so they introduced a tax ID number as a transitional measure to the new and mandatory Qualified Invoice System which will come into effect on October 1st, 2023.
Digital Tax in Japan: Alert for E-service Companies
Digital Tax rules in Japan are constantly changing and can greatly affect e-services companies if they cannot catch up with the latest amendments. In the era of Covid, digital saw its rise and e-commerce is booming, what actions does the Japanese government take from the perspective of the tax system?
Japanese Inheritance Tax Relief 2021: Will Japan be able to attract foreign executives?
The Japanese government has relaxed the scope of the Japanese Inheritance Tax in hopes of attracting high-income foreign executives. The article reflects the modifications made as well as the current scope of the Inheritance Tax in Japan.
Complete Guide to Japanese Consumption Tax
Japanese Consumption Tax is levied on the taxable sales and is paid based on self-assessment method. Both domestic and import transactions are taxable. This article will outline the general aspects of the Consumption Tax in Japan to help you get a better grasp of your tax life.