Postponement consumption tax increase leads to rescheduling of other fiscal measures

The government has formally decided to postpone a number of fiscal measures,  as the planned Consumption Tax increase to 10% was delayed to 2019 earlier this year.  Fiscal benefits when buying a house and the new taxation system for cars, which were scheduled for introduction next year, have been rescheduled to be implemented in April 2019.

An introduction of a new invoice system necessary for the introduction of the diversified tax consumption tax rates, will be postponed from 2021 to 2023.

 

Source: Nikkei Online 

EU-Japan Centre's News

More
Please find below our upcoming webinars which will take place in September: EPA Helpdesk Webinar…
The EU-Japan Centre is currently calling for expert report proposals for its "About Japan"…
The EU-Japan Centre in Tokyo is regularly publishing "Industry and Policy News" from various…

Events

More
21/09/2021
21-09-21 | 10:30 - 11:30 AM CETHow is Japanese biotech R&D structured, who are the key stakeholders, and how can European SMEs profit and find Japanese partners?Japan spends consistently over 3%…
22/09/2021
22-09-21 | 10:30 - 11:00 AM CET This is the second round of the online training series “What you should know when exporting to Japan”. It briefs in 30 minutes on the latest information on export…

Library

More
Floating solar power | Ciel & Terre X Minna DenryokuCiel & Terre, a European leader of floating…
Japanese Industry and Policy News July-August 2021Topics covered on the issue: JAPANESE INDUSTRY…
Hydrogen-powered vessels | CMB X Tsuneishi Group   CMB (Compagnie Maritime Belge), a Belgian…
Japanese Industry and policy News June - July 2021JAPANESE INDUSTRY AND POLICY NEWSJune - July,…