- Japanese Government considering making digital platforms responsible for accounting for Japanese Consumption Tax on electronic services
- Draft legislation being discussed in Parliament, platforms exceeding 5 billion yen per year would be subject to requirement
- Japanese Tax Authorities expected to publish list of platforms liable for JCT on electronic services
- Platforms must notify non-Japanese vendors of new requirement
- Businesses selling electronic services to Japanese consumers via third party platforms would no longer have JCT obligations
Source: essentiaglobalservices.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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