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
In order to improve the consumption tax credit system for purchases of residential rental buildings, the two adjustments below have been in force since April 2020.
1. Restriction of the purchase tax credit for residential rental buildings
2. Adjustment of consumption tax credit for purchases of residential rental buildings
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