Japan is currently preparing a major change regarding the payment of consumption tax. Small developers operating outside of Japan are difficult to contact for possible consumption tax payments, so miniFinnishanctransfers this burden to society Apple and other application market operators.
You could be interested in
Mobile app stores such as App Store company Apple, are still growing in Japan, meaning the amount of income that needs to be taxed is still increasing. But the country is struggling to collect taxes on every sale. According to a report by Nikkei Asia, Japan miniFinnishancwill make app store operators such as Apple and Google, responsible for paying consumption taxes owed by foreign developers. These changes will not come into force until 2025 to give companies time to adapt.
It's about making the company Apple and Google knew how much money their app stores made within Japan. So companies would know how much So companies would know how much they owe Japan in excise duty and pay it in full. The current excise tax is 10%, which would Apple passed on to its developers. So, for example, to the share of the company Apple on sales revenue App Store and a subscription fee of 15 to 30% would be Apple she added an extra 10% to pay the consumption tax in Japan.
Gallery
Developers would then have to adjust prices to reflect this increase. Some developers have already paid the tax properly so this should not affect their annual income. Company Apple has previously been hit with fines for not handling excise duty correctly. In 2022, it owed $98 million for improperly exempting tourists and vendors from excise tax.
