Japan Tax Agency Explains Recent Amendments to the Consumption Tax Law

The Japanese National Tax Agency April 8 explained the recent amendment to the consumption tax law. The explanation includes: 1) the types of rental building acquisitions eligible for tax credits, with restrictions; 2) a one-month consumption tax filing deadline extension for qualified corporations; 3) restrictions on the consumption tax exemption for high-value inventory assets; and 4) consumption tax calculation methods. [Japan, National Tax Agency, 04/08/20]

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View Explanation. View Index.