Consumption Tax - Accounting Intelligence Blog

消费税出口退税时的须知事项

October 12, 2022October 12, 2022 user

消费税出口退税时的须知事项最近，日本政府在没有太多公告的情况下改变了出口退税的规则。对于寄送物品到外国并期望获得消费税退税的出口企业，这项改变可能有重大影响。以下是日本国税厅发布的公告。公告的基本内容是说，出口商品在20万日元以下时，必须通过日本邮政（JAPAN POST）的EMS或其他服务寄送。这听起来可能有些不公平，因为现在市场上还有FEDEX、UPS和其他物流公司，而日本邮政并不一定是其中的第一名。曾经有一位客户向我们抱怨，日本邮政提供寄送服务的国家和区域有限，他有一些顾客就不在服务范围之内。他还说，EMS不一定够快。有时候用EMS要一个星期才能寄到的商品，用FEDEX几天就寄到了。但是规则就是规则。如果有出口企业无视了这项要求，就有风险无法获得其应得的消费税退税。这项新规定出台的背景，可能是因为过去发生了很多骗税行为。日本政府或许认为，强制出口企业使用一个半官方机构（也就是日本邮政）进行寄送的话，会减少很多不诚实的报税行为。 https://www.nta.go.jp/publication/pamph/shohi/r03kaisei.pdf

Qualified Invoice Issuer Number 適格請求書発行事業者. The Question is whether Qualify or Better Not Qualify?

October 2, 2022October 2, 2022 user

Consumption Tax

Companies and sole proprietors doing business in Japan will be required to put its CT (Consumption Tax) Number on your invoices for your customers to claim the Consumption Tax they have paid to you against their CT liabilities. The new system will come into effect from Oct. 1, 2023. Companies and sole proprietors who want … Read More “Qualified Invoice Issuer Number 適格請求書発行事業者. The Question is whether Qualify or Better Not Qualify?” »

Trap to get a consumption tax refund when your business buys goods and export overseas 購買代行で気を付けなければいけない落とし穴

September 16, 2022 user

Consumption Tax

There are lots of businesses that receive orders from customers overseas and buy goods in Japan for margins. We also have several clients doing the business too. Their margins are relatively low in many cases that is mostly in the range between 1% to 10%. Some businesses only charges 300 yen per item. Still they … Read More “Trap to get a consumption tax refund when your business buys goods and export overseas 購買代行で気を付けなければいけない落とし穴” »

4 important things you need to know when you start your own business

July 6, 2022 user

Consumption Tax, Corporate Tax, Tax

4 important things you need to know when you start your own business Each item has a detailed explanation you can find by clicking the link. 1. Blue Tax Application Form There are two tax filer statuses; One is Blue and the other is White. Blue has more tax benefits. You can see the details … Read More “4 important things you need to know when you start your own business” »

What you need to have when you apply for Consumption Tax refund for export business

May 27, 2022 user

Consumption Tax

The rule changed recently without much announcement from the government, but the change may impact significantly exporting businesses that ship goods abroad and expect to get a consumption tax refund. This is the announcement from the tax office. https://www.nta.go.jp/publication/pamph/shohi/r03kaisei.pdf Basically, what it says is that if value of your merchandizes below 200,000 yen, it has … Read More “What you need to have when you apply for Consumption Tax refund for export business” »

Who will benefit by choosing a Consumption Tax filer status?

March 16, 2022 user

Consumption Tax

In order to understand who will benefit by choosing a Consumption Tax filer status, I will explain how the consumption tax liability is calculated. The basic rule is that Consumption Tax payable is the difference between what you receive on your revenue and what you pay on your cost. I show you a very simple … Read More “Who will benefit by choosing a Consumption Tax filer status?” »

How I benefit from Japanese Consumption Tax?

March 10, 2022 user

Consumption Tax

Each country has a different tax system. But Japanese Consumption Tax seems to have a little bit more confusing part than VAT or GST in other countries because it has options for SMEs (Small/Medium-sized enterprises) to file (to become a tax filer) or not to file (a non-tax filer). Also there are 2 calculation methods … Read More “How I benefit from Japanese Consumption Tax?” »

Japanese Consumption Tax refund on your export sales. Check your export permissions first.

January 3, 2022 user

Consumption Tax

If your business is to buy goods in Japan and export overseas, you should be entitled to claim consumption tax refund. But don’t relax until you get back your first refund. There are several conditions to be met. 1) Choose to be a Consumption Tax filer: If you are a sole proprietor, you have to … Read More “Japanese Consumption Tax refund on your export sales. Check your export permissions first.” »

Typical (my) mistakes in the process of claiming Consumption Tax refund

December 30, 2021 user

Consumption Tax

I once had a tax audit for one of our clients in the past. The client was about to be devastated because of the audit. I regret that I had taken his explanations that his export was to export goods and I did not check his export permission documents earlier. The client was shipping very … Read More “Typical (my) mistakes in the process of claiming Consumption Tax refund” »

3) 5 important rules you should know about Japanese Consumption Tax

July 13, 2021 user

Consumption Tax

Japanese Consumption Tax is tricky especially when you want to choose the tax filer status in order to get a refund while you can choose a non-filer status by default. Here are the 5 most important rules that you should know. 1) For SMEs and individuals, for the first 2 years, you can be exempt … Read More “3) 5 important rules you should know about Japanese Consumption Tax” »