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Consumption tax

Taxable period of consumption tax in Japan

For a company in Japan, taxable period of consumption tax is the respective fiscal year and for an individual in Japan it is the calendar year. But upon election, instead of an annual basis, the taxable period may be on a quarterly basis and a monthly taxable period...
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Consumption tax in Japan

Taxable base of consumption tax in Japan For a domestic taxable transaction, the taxable base of consumption tax is the consideration for the transaction. In terms of import taxable transactions, the value or worth of the imported goods for customs duty purposes plus...
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