Is it Necessary to Register as a JCT Qualified Invoice Issuer on Amazon Even if the Sales Threshold for a Taxable Business is Not Met?
JCT Registration for Merchants Selling on Amazon Japan When selling goods directly to customers in Japan through platforms like Amazon, JCT obligations depend on a few factors: Mandatory Registration: You are not automatically required to register for JCT just because you are selling in Japan. However, if your annual sales in Japan exceed the threshold […]
How to Meet ACP / IOR Requirements to Deduct Import Consumption Taxes when Exporting to Japan
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 will need to be the Importer of Record (IOR). If you do not have a physical […]