SERVICES

Grant Thornton Japan is one of Japan’s leading assurance, tax and business advisory firms dedicated to serving the needs of public interest entities and privately held businesses.

Audit & Assurance Services

We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet applicable professional standards, we provide observations and insight into the real performance of your business.

Tax Services

Ambitious organisations need to consider their tax affairs carefully to gain trust and stay ahead of their competitors.

Advisory Services

As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of opportunities, challenges and risks.

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    Focusing on SME Growth Through Enhanced Investment Loss Reserve System
    JAPAN TAX BULLETIN Focusing on SME Growth Through Enhanced Investment Loss Reserve System
    Japan's commitment to invigorating its small and medium-sized enterprises (SMEs) took a significant step forward with the announcement of the 2024 fiscal year tax reforms. These reforms, part of the Reiwa 6 year plan, focus on expanding the SME Business Reorganization Investment Loss Reserve System. This policy is tailored to empower SMEs to grow through strategic acquisitions and integrations.
    1 min read |
    Tax Reform on Determining Taxable Enterprise Under Consumption Tax Law
    JAPAN TAX BULLETIN Tax Reform on Determining Taxable Enterprise Under Consumption Tax Law
    This article explains the impact of the reform of determining a taxable enterprise for consumption tax purposes on foreign owned domestic enterprise and a foreign enterprise for taxable periods beginning after October 2024, based on the amendments.
    1 min read |
    Tax reform on the sized-based business taxation
    JAPAN TAX BULLETIN Tax reform on the sized-based business taxation
    The size-based business taxation system was introduced in 2004. The size-based business taxation system imposes “a value-added tax” and “a capital-based tax” on companies with stated capital of more than JPY100 million. The taxes are levied even where a corporation is in currently loss position. A value-added tax is levied based on the sum of the distribution of earnings (comprising remuneration and salaries, net interest paid and net rent paid) and profit or loss for a single year, and a capital tax is levied based on the amount of stated capital, capital reserve, other capital surplus etc. as defined by the Corporation Tax Law.
    1 min read |
    Pillar One Amount B released by OECD
    JAPAN TAX BULLETIN Pillar One Amount B released by OECD
    On February 19, 2024, the Organization for Economic Cooperation and Development (OECD) published its final report on Pillar 1 Amount B to simplify and streamline the application of the arm's length principle to baseline marketing and sales activities, with a focus on the needs of countries or regions with low tax enforcement capacity.
    1 min read |
    Hometown Tax Donation (Furusato Nozei)
    JAPAN TAX BULLETIN Hometown Tax Donation (Furusato Nozei)
    Hometown Tax donation (Furusato Nozei) is a system that allows individuals to receive income tax and inhabitant tax deductions for donations made to local governments of their choice. In addition, since the donor can receive return gifts from the recipient local government, the number and amount of such donations have been increasing in recent years attracting more and more attention. This article explains how it works and how the tax amount is reduced.
    1 min read |