- Japanese National Tax Agency posted overview on consumption tax rules for digital platform operators
- Businesses providing electronic services must file and pay consumption tax, regardless of location
- Specified platform operators must issue qualified invoices for B2C electronic services subject to platform tax
- Taxpayers meeting designation requirements by April 1 must submit notifications by Sept. 30
- Specified platform operators subject to platform tax from April 1, 2025, will be designated by Dec. 31, 2024
- Relevant FAQs and definitions included in overview
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
