Japan: 2023 tax reform amendments to electronic preservation system for account books
A report summarizing the 2023 tax reform amendments to electronic preservation system for account books
2023 tax reform amendments to electronic preservation system for account books
The 2023 tax reform—agreed to by the ruling governing coalition on 16 December 2022 (read TaxNewsFlash) and passed by the National Diet on 28 March 2023 (read TaxNewsFlash)—included amendments to the electronic preservation system for account books, etc., aimed at improving productivity through digitalization of accounting, promoting telework, digitizing tax information, and enhancing the spread of excellent uniform national tax-related account books.
Read a September 2023 report [PDF 356 KB] prepared by the KPMG member firm in Japan that summarizes the amendments.
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