VAT compliance requires clear management and controls
The value-added tax (VAT) rules are complex and constantly evolving, and effective VAT compliance requires clear management and controls. Discover how our VAT in Control Methodology can help your business improve the quality of tax data and gain control of VAT.
Japan’s consumption tax reform will be effective from 1 October 2023
Japan is introducing a Qualified Invoicing System for consumption tax purposes from 1 October 2023. It is important to be aware of the new rules because non-compliance would negatively impact the taxpayer as well as its business partners.
Source EY
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