-
Japan’s Ministry of Finance is reviewing consumption tax rules on imported low-value goods, following new deemed supplier tax regulations effective April 1, 2025, to address exploitation by Chinese e-commerce firms.
-
Currently, goods under JPY 10,000 customs value are exempt from consumption tax, but a 500% increase in such imports harms domestic sellers and e-commerce platforms.
-
Two proposed models include removing the de minimis exemption and requiring foreign sellers to register for consumption tax, or introducing a sales threshold for mandatory registration while keeping exemptions for smaller sellers.
-
The final decision on reforming the de minimis rule and expanding platform taxation for cross-border B2C sales will be made as part of Japan’s 2026 tax reform.
Source: vatabout.com
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
