Archive for 12月, 2016

Entertainment expense in Japan

  Entertainment expenses for a year in excess of the following certain limits are not accepted:   Size of Company Deductible Amount A small and medium sized company JPY 8 million or 50% of eating and drinking expenses Other than small and medium – sized company 50% of...
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Valuation of inventory in Japan

The amount of inventories must carry the whole actual amount of acquisition of inventories. Purchase or the manufacturing amount discrepancies must accustom and listed to the books of account. The valuation of inventories at the end of each fiscal year must be formed...
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