As a result of the 2020 tax reform, the deadline for filing a final tax return for the consumption tax can be extended by one month. This brings the consumption tax treatment in line with the filing extension rule applicable to corporate tax.
Source: BDO
Latest Posts in "Japan"
- Japan Grants VAT Exemption for Satellite Launch Services, Boosting Space Industry Growth
- Overview of Japan’s Consumption Tax: Scope, Exemptions, and Digital Services Regulations
- Tax Authorities Clarify Consumption Tax Rules for Satellite Launch Transportation Services
- Japan Considers Temporary Zero Consumption Tax on Food and Beverages, Plus New Tax Credits
- Japan to Scrap Tax Exemption on Low-Value Imports to Curb E-Commerce Loopholes
