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Refunds from Cryptocurrency May Be Subject to Income Tax

On February 27, the Japanese government released a written cabinet decision on taxation of refunded cryptocurrency. According to the decision, the government may consider refunds received from virtual currency exchange service providers as taxable income. Included in...
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Revenue Stamps in Japan

A revenue stamp is a kind of stamp that shows government tax has been paid. The Japanese translation of the term is “shuunyuu inshi”. This kind of stamp is different from postage stamps. One type of national tax in Japan is ‘stamp duty’. This kind of tax is imposed on...
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Minimum Remuneration for Freelancers

The Japanese government has begun looking into work conditions “freelancers” face in Japan. Examples of these freelancers are those who work for a company they are not affiliated with, such as outside technical experts and designers. A planned revision of...
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When Sending Invoices, is timing important?

It is familiar in a business to send invoices before the work or after the work is done. But the question is When you should send it? The simple answer will depend on the factors that we will discuss below and will help you determine the perfect timing for invoices....
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Food Purchases by Tourists in Japan increased by 19%

According to estimates provided by Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF), tourists visiting Japan in 2017 purchased a total of 345.6 billion yen’s worth of foodstuff as souvenirs. This is a 19% increase in total when compared to figures from...
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