Upcoming Changes to Japanese Consumption Tax in 2023

Background If you have any business relationships with customers in Japan, you may have heard that Japanese Consumption Tax (JCT) will be going through significant changes in 2023. The TLDR (Too Long, Didn’t Read); Japanese Tax Authorities will be introducing the JCT Qualified Invoice System in 2023. Only Qualified Invoices can be deducted when your … Continue reading Upcoming Changes to Japanese Consumption Tax in 2023