2021 Tax Reform Proposals - Amendments to the Electronic Preservation System
Amendments to the Electronic Preservation System
The ruling coalition agreed on the ‘Outline of the 2021 Tax Reform Proposals’ (Proposal) on 10 December 2020 and the Cabinet decided the Proposal on 21 December 2020.
We have set out the KPMG Japan Tax Newsletter featuring a brief summary of the Proposal for the revisions to the electronic preservation system for account books, etc.
Contents
- Preservation System for National Tax-Related Account Books and Documents by Electromagnetic Records
- Scanner Preservation System for National Tax-Related Documents
- Preservation System for Electromagnetic Records related to Transaction Information of Electronic Transactions
- Timing of Application
Japan TAX Newsletter
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