It was published on 31 December 2011 that, the Japanese coalition government has put forward long awaited plans to raise Japanese consumption tax to 10% by April 2015 in two steps. First there will be an increase from the current 5% consumption tax rate to 8% in April 2014. The second will be in April 2015 and the rate will then rise to 10%.
«
UK: Latest Transfer Pricing Statistics Released
Related Posts

Japan publishes amended tax Laws for 2025 reform in official gazette
Japan published the amended laws, Cabinet orders, and ministerial ordinances for the 2025 tax reform in Special Issue No. 8 of the Official Gazette on 31 March 2025. Earlier, Japan’s Ministry of Finance released the legislative proposals
Read More
Japan, UAE hold second round of EPA negotiations in Dubai
The second round of negotiations for the Japan-United Arab Emirates (UAE) Economic Partnership Agreement (EPA) took place from February 24 to 26 in Dubai, UAE. This announcement was made by the Ministry of Foreign Affairs of Japan on 26
Read More
Japan: Cabinet approves new tax treaty with Ukraine
The Japanese Cabinet has given its approval to a new income tax treaty with Ukraine on 25 February 2025. The agreement, announced by Japan’s Ministry of Finance, replaces the 1986 treaty between Japan and the former Soviet Union. The new
Read More
Japan: Cabinet approves income tax treaty with Turkmenistan
The Japanese Cabinet has approved a new income tax treaty with Turkmenistan on 25 January 2025. Earlier, Japan and Turkmenistan signed the tax treaty “Convention between Japan and Turkmenistan for the Elimination of Double Taxation with respect
Read More
Japan, Ukraine sign new income tax treaty
Japan and Ukraine signed a new tax treaty in Tokyo to prevent double taxation and tax evasion on 19 February 2025. The agreement, announced by Japan’s Ministry of Finance, replaces the 1986 treaty between Japan and the former Soviet
Read More
Japan: Cabinet approves new income tax treaty with Armenia
The Japanese Cabinet approved the new income tax treaty with Armenia on 25 January 2025. Earlier, Armenia’s government approved the signing of a new income tax treaty with Japan on 19 December 2024. This follows after Armenia and Japan have
Read More