JAPAN TAX BULLETIN

Preservation method of consumption tax

insight featured image
Contents

From October 1, 2023, the qualified invoice preservation method will be introduced as a way of the purchase tax credit of the consumption tax to correspond to the multiple consumption tax rates. 
Under the method, the preservation of "qualified invoices" issued by "qualified invoice issuers" will be a requirement for the purchase tax credit.

...To read the rest of the article, click on the PDF file below.

Read this article

Read this article

Download PDF [481 kb]