Consumption Tax Adjustment on the Change of Use of Fixed Assets
JAPAN TAX BULLETINFY2026 JCT Reform Update: Extended 8-Year Transitional Deduction Schedule and Reduced JPY 100M Cap for Non-Registered Supplier Purchases
Contents
The filing deadline of consumption tax return is within two months after the end of taxation period (a taxation period is basically a financial year of a company) in principle. The tax reform of an extension for consumption tax filing deadline for the companies comes into force after the financial year ended March 31, 2021.
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