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consumption tax

Government plan to support small retailers with impact 2019 Consumption Tax increase
The government is considering plans to support small and mid-sized retailers to deal with the effects of the planned Consumption Tax (CT) increase scheduled for October 2019. In the plan, the...
2017 Tax Reform outline
April 1 is the start of the new fiscal year in Japan and also marks the start of changes in the Japanese tax system that will be relevant for both domestic and foreign businesses operating in Japan. ...
Postponement consumption tax increase leads to rescheduling of other fiscal measures
The government has formally decided to postpone a number of fiscal measures,  as the planned Consumption Tax increase to 10% was delayed to 2019 earlier this year.  Fiscal benefits when buying a house...
Postponement of VAT increase impacts other fiscal reform
Nikkei Online reports on June 2 that the second postponement of the VAT increase to October 2019 is likely to have an impact on other planned fiscal reforms as well. The government and ruling...
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...
Japan postpones VAT increase for second time
On Wednesday June 1st PM Abe announced that he would again delay the increase in consumption tax. The increase of the VAT rate to 10% was scheduled for April 2017.  The hike has been delayed for...
New tax policy in force on April 1st
April 1st is traditionally the start of the new business year in Japan. In 2015, this also means a number of significant changes in taxation in Japan, as the new tax policy of the Abe government comes...

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