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Consumption Tax

Main pointsThe Consumption tax in Japan is working like VAT in Europe, borne by consumersIts rate is 8% from April 2014 and is likely to increase to 10% in October 2019It has to be collected and paid...

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Tax exemptions

The following domestic business transactions are exempted from Consumption tax:Export transactions,Transfer or lease of a tangible or intangible asset for use outside of Japan,Performance of services...

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2016 Tax reform round-up

In its drive to stimulate the Japanese economy, the Abe government has introduced various fiscal measures for 2016, most notably the accelerated decrease in corporate tax rates and the introduction of...

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