In relation to COVID-19, the government and the National Tax Agency announced the proposal document of tax measures and FAQ about the extension of due date, respectively.
The Tax Commission of the Liberal Democratic Party and New Komeito announced the ‘Tax Measures proposed in the ‘Emergency Economic Measures for COVID-19’’ (Japanese only).
And the National Tax Agency released the ‘FAQ about the procedures for extension of filing and payment due dates for corporation tax, local corporation tax, consumption tax and withholding income tax by individual application’ (Japanese only) on 8 April 2020 and has updated the FAQ (Japanese only) about the tax treatment for the tax filing and tax payment procedures etc. relating to the coronavirus released on 25 March 2020.
We have set out in this e-Tax News the outline of these publications.
KPMG Japan e-Tax News No.193
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