- Japan plans to revise Consumption Tax exemption system for foreign visitors
- Aim is to prevent resale of tax-free goods within the country
- Shift from deducting taxes at purchase to refunding after confirming goods are taken out of Japan
- Changes to be implemented in April 2025
Source: vatcalc.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.
Latest Posts in "Japan"
- Japan Updates E-Invoice System: PINT v1.1.1 Now in Effect
- Fact Sheet: President Donald J. Trump Secures Unprecedented U.S.–Japan Strategic Trade and Investment Agreement
- Moody’s: Japan’s Tax Cut Impact on Debt Rating Hinges on Scope, Magnitude, Permanence
- Japan’s Government Deems Sales Tax Cut Inappropriate Despite Election Setback, Says Finance Minister Kato
- Japanese Political Leaders Make Final Appeals Before House of Councillors Election, Debate Consumption Tax