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Japan’s Lower House Considers Bill to Amend Tax Laws, Including New Consumption Tax for Digital Services

  • Japanese lower house of parliament accepts Bill No. 1 to amend various tax laws
  • Bill includes measures to introduce a consumption tax on platform operators with a transaction value above 5 billion yen for digital services provided by foreign business operators
  • The law would take effect on April 1.

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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