An international servicer company in Japan (hereinafter called “ISC”) is rendering service for its foreign parent company. In the Consumption Tax Law of Japan, it is regarded that ISC is exporting service. Accordingly, the full amount of 10% consumption tax (the tax rate is as of June 30,2020 and is expected to go up more in the future) is refunded to ISC at the end of the fiscal year, under the procedure and filing of international tax attorney and accountant. Based on the interpretation as being a service version of export tax exemption. It brings about a result that is identical to favorable turn of the operating profit ratio by 10%. If you would like to know more about the content,Please contact us. ⇒Click
ITR (International Tax Review)an UK magazine, is introducing our firm. If you would like to know more about the content,Please contact us. ⇒Click
Shibata wrote in the book “Global Trade and Customs”(published by IBFD). You’ll find information about trade and customs around the world..
- catch-all regulation, customs, epa, free trade, fta, global trade, IBFD, returned goods, rules of origin, tariff, tariff code, tpp11, vat
Shibata wrote in the book “GLOBAL TRADE AND CUSTOMS” (published by IBFD).You’ll find information about trade and customs around the world. The contents of is as follows.Chapter 7 Japan Introduction7.1. Classification of goods 7.1.1. Introduction7.2. Rules of origin 7.2.1. Relevance of rules of origin 7.2.2. Free trade agreements 7.2.3. Wholly obtained goods 7.2.4. Last substantial transformation 126.96.36.199. Value-added method 188.8.131.52. Change in tariff classification 184.108.40.206. Manufacturing or processing operation 220.127.116.11. Insufficient working or processing/Non-qualifying operations/Minimal operations 18.104.22.168. Cumulation 7.2.5. Practical aspects and challenges 7.2.6. Proofs of origin 22.214.171.124. Country of origin certification under the Japan-EU FTA 126.96.36.199. Country of origin certification under TPP117.3. Customs value 7.3.1. Transaction value 188.8.131.52. Amounts included in the transaction value 184.108.40.206. Elements to be included and excluded 7.3.2. Alternative valuation methods 220.127.116.11. Identical or similar merchandise 18.104.22.168. Deductive method 22.214.171.124. Computed method 126.96.36.199. Fall-back method 7.3.3. Most typical challenges 188.8.131.52. Related-party pricing 184.108.40.206. Price adjustments 220.127.116.11. Exchange rate 18.104.22.168. Returns and repairs 22.214.171.124. Advance ruling on customs value7.4. Goods […]
TradeTax East Japan in Tokyo : Atsushi Shibata (Mr.) ,CEO wrote in “Global Trade and Customs: A practical Comparison of Major Jurisdictions” (published in July 2020) by IBFD.
TradeTax East Japan in Tokyo : Atsushi Shibata (Mr.) ,CEO wrote in “Global Trade and Customs: A practical Comparison of Major Jurisdictions” (published in July 2020) by IBFD. What is IBFD? It was founded in 1938 to provide information on tax law around the world and to promote the development of tax law. Today, it is the world’s most prestigious international organization of international taxation. IBFD has more than 70 research professionals in over 30 countries and provide high quality and reliable research and information. In the past, Toshihiko Kuroda of Governor of the Bank of Japan and Hiroshi Kaneko, an authority of Japanese tax law (Awarded Medal of Culture in 2018) were also members of the board of trustees and of the advisory council.IBFD official website ⇒Click here If you would like to know more about the content,Please contact us. ⇒Click