The new rules contain various implementation-related measures, including details of the QII
registration requirements, a description of the information that must be included in a qualified invoice,
requirements for the purchaser to be able to take an input tax credit, etc. The 2016 Tax Reform also
provided several transitional measures, including transitional rules regarding invoice retention, that
are effective until September 30, 2023
Source: PwC JP
Latest Posts in "Japan"
- China Imposes Broad Export Controls on Dual-Use Items to Japan, Targeting Military End-Users
- Japan Mandates Registration for Non-Resident Digital Providers of Low-Value Goods from April 2028
- Japan PM Takaichi Pledges Faster Debate on Food Tax Cut After Election Victory
- Japan’s Ruling Coalition Wins Supermajority, Opening Door to Sales Tax Cut Talks
- Japan Weighs Fiscal Impact of Suspending 8% Consumption Tax on Food and Drinks
