- The Japanese government is considering levying a tax on tech giants like Apple and Google to collect consumption tax on overseas game app sales.
- Many overseas game app creators and distributors are small companies without offices in Japan, leading to complaints about unfairness from Japanese game companies and overseas companies with subsidiaries in Japan.
- The government’s Tax Commission has stated the need to ensure proper levying of consumption tax for competitive fairness.
- The total sales of mobile apps in the Japanese market currently amount to $28.4 billion, with game apps accounting for about 60%.
Source: japannews.yomiuri.co.jp
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.
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