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JCT Reclaims: Maximizing Savings and the Power of Qualified Invoicing

Filing – Calculation Methods: There are three different calculation methods for filing, depending on your trading activity.  For the purposes of this section, we have defined the following: Output Tax: CT collected from buyers on sales Input Tax: CT paid and eligible for reclaiming (e.g. import CT) Standard filing By default, the standard CT rate …

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JCT Calculation Methods: A Guide for Simplified Taxation System (STS)

What are ‘taxable sales’? The National Tax Agency of Japan defines taxable sales as sales that satisfy the following factors[1]: Effectuated in Japan Effectuated by a business for its business purposes Effectuated for a compensation Effectuated by the transfer or lease of assets or by the provision of services (Referred to as “transfer of assets …

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