COVID-19 has had a profound impact on businesses, effecting everything from revenues to the way companies operate to carry out their day-to-day working functions. As a result, many companies that have historically held meetings and seminars in-person are now shifting to holding such events online. Transitioning meetings and seminars to an online setting may have unexpected Japanese tax consequences, particularly in a cross-border context with a new focus on digital services. This newsletter discusses such issues from a Japanese consumption tax (“JCT”) perspective, and provides a case study to demonstrate the effect the issues may have on businesses looking to conduct online events for customers located in Japan.
Source Deloitte
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