The rules for including entertainment expenses in deductible expenses will be updated effective April 2024 in Japan. Many business owners are concerned about this provision. As a tax accountant, I am examining where the system should be used and its impact. I want to...
I am teleworking from country A outside Japan to country B outside Japan. Can I stay in Japan? In March 2024, there is a move in Japan to approve a “Designated Activities” visa for digital nomads (people who work in IT-related fields while moving across...
Today, I’m excited to share a valuable system that can help reduce your Japanese income tax when you send money to your family living abroad. This includes grandparents, children, or other relatives. Many worry about balancing family financial support with their...
For the general audiences who are not tax specialists, here is a summary of the FY2024 Tax Reform Proposals in Japan issued on Dec 14, 2024. It shows planned revisions to tax laws administered by the LDP and the Kōmeitō.This portion of the policy is for changes to the...
Recently, Nerima Ward, Tokyo, Japan, faced a reassessment, resulting in approximately 37 million yen in additional taxes. Various opinions have surfaced regarding the burden on public officials, with some expressing concerns about the heavy load while others deem it...
Providing goods and services to foreign countries has become common in recent years.This article will summarize Japanese bookkeeping basics when providing services to foreign countries. Make a Record when you sell You record sales on the date the goods or services are...
