by Aki Kojima | Sep 7, 2024 | Individual & Freelancers, Corporations
Some of you may have a job as an import agent.Checking how sales tax will be charged on those transactions is necessary when dealing with foreign countries.In Japan, the sales tax is called the consumption tax, but for smooth understanding, I call it the sales tax,...
by Aki Kojima | Sep 6, 2024 | Individual & Freelancers, Corporations
Here, we would like to consider the basics of the compensation tax. What is remuneration tax? “Remuneration tax” is a general term referring to a tax imposed on specific remuneration or income, the specifics and tax rates of which may vary from country to...
by Aki Kojima | Sep 3, 2024 | Individual & Freelancers, Corporations
In the September 2023 issue of the monthly “Kigyo Jitsumu” (企業実務) magazine, we have contributed articles in Japanese on “Japanese Domestic Standards for Digital Invoice” and “What is JP PINT.” The article summarizes information for...
by Aki Kojima | Aug 25, 2024 | Corporations
Introduction: A New Era of Cryptocurrency Taxation The dynamic world of cryptocurrency is ever-evolving, and Japan is no exception. The country’s stance on cryptocurrency taxation has seen significant shifts, with the latest updates from the Liberal Democratic...
by Aki Kojima | Aug 21, 2024 | Individual & Freelancers, Corporations
The Japanese government is contemplating significant tax reforms to fund an ambitious defense budget of 1 trillion yen. It is a strategic approach to bolster the nation’s defense capabilities. Breakdown of the proposed funding mechanisms Here’s an analysis...
by Aki Kojima | Aug 20, 2024 | Corporations
The Tokyo National Tax Agency recently made headlines by ordering Apple Japan to pay a staggering 14 billion yen in consumption tax. This decision came after the tech giant was identified for transactions that involved reselling items that were initially purchased...
