News
- Super Ace
- Posted: 2025-01-17
- Last updated: 2025-01-27
Incorporating a Business in Japan: A Summary Guide for Foreign Nationals and Overseas Residents Establishing a company in Japan is an exciting opportunity to access one of the world’s largest and most stable markets. However, the process can be…
- Super Ace
- Posted: 2024-12-19
- Last updated: 2024-12-19
OpenAI Announces the Introduction of Qualified Invoices for Japanese Consumption Tax (JCT) OpenAI, renowned for its ChatGPT platform, enjoys significant popularity in Japan, with a substantial number of users subscribing to its services. In November 2024, OpenAI informed its existing…
- Super Ace
- Posted: 2024-12-12
- Last updated: 2024-12-12
How to Display the Japanese Consumption Tax (JCT) Amount on a JCT Qualified Invoice Denominated in a Foreign Currency One of the questions we are asked frequently is “My invoice is denominated in USD (or any other currency besides…
- Super Ace
- Posted: 2024-11-21
- Last updated: 2024-11-21
How Long Does it Take to Register as a JCT Qualified Invoice Issuer At JPA, we receive a wide range of questions from our clients regarding the Japanese Invoice System. One of the most common is “How long it…
- Super Ace
- Posted: 2024-04-01
- Last updated: 2024-04-01
Summary Starting October 1, 2023, the requirements to deduct import consumption taxes that companies pay when exporting to Japan have changed. In order to deduct import consumption taxes that you paid in your Japanese consumption tax (JCT) return, you…
- Super Ace
- Posted: 2024-01-21
- Last updated: 2024-09-24
Acquisition Cost Method Permitted for Specific Self-Issued Crypto Assets On December 25, 2023, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the seventh time (the first was in 2017) that…
- Super Ace
- Posted: 2023-03-31
- Last updated: 2023-07-20
It has been officially announced that the deadline for the Japanese Consumption Tax Qualified Invoice Issuer registration has been extended. The invoice system is scheduled to start on October 1, 2023. In order to become a qualified invoice issuer,…
- Kensaku Kimura
- Posted: 2023-02-25
- Last updated: 2023-02-25
Crypto Traders Beware! Significant Changes In Determining Whether Income is Business Related or Not On December 22, 2022, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of Crypto Assets (Information)”. This is the seventh time (the…
- Kensaku Kimura
- Posted: 2023-01-22
- Last updated: 2023-02-06
This FAQ Focuses on Topics Related to Year End Mark-to-Market of Cryptos for Corporation Tax Purposes On January 20, 2023, the National Tax Agency (NTA) published a guidance titled “Year End Mark-to-Market Treatment of Cryptocurrencies Held by Entities (Information)”….
- Kensaku Kimura
- Posted: 2023-01-16
- Last updated: 2023-02-06
Some of the existing questions about calculating taxes for NFTs have been clarified On January 13, 2023, the National Tax Agency (NTA) published a guidance titled “Tax Treatment of NFTs (Information)”. This is probably the first time the NTA…