General information
Country | Continent | Country code | Capital | Area(total) | Population |
Japan | Asia | JP | Tokyo | 377,976 sq km | 123,719,238 (2023 est.) |
Real GDP per capita | Budgets(revenue) | Budget(expenditure) | Taxes and other revenues | Telephones,mobile,celular,total subscription | Internet users (total) |
$40,800 | $1.714 trillion | $1.885 trillion | 35.2% of GDP | 195,054,893 | 113,252,419 |
Page last updated: 2023
Authority
a) Fiscalization: Contact Link.
b) E-Invoicing:
About
Currently, there is no legislated tax invoice; taxpayers are instead required to maintain prescribed tax books partially because until October 2019 there was only a single Consumption Tax rate. An 8% reduced rate was introduced alongside the 10% standard rate. The invoicing system will ensure that the creditable tax amount can be calculated properly, given the multiple tax rates.
The launch of the new invoicing system is planned for October 2023
Legal Framework
a) E-Fiscalization: Fiscalization requirements.
b) E-Invoicing: