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Japan: Updated CRS FAQs

Scope of “specified transactions” relevant for CRS reporting purposes

April 20, 2026

Japan’s National Tax Agency (NTA) in March 2026 released an updated version of its CRS FAQs. In addition to non‑substantive revisions, the update introduced a new question:

  • Q.41: What are the reporting requirements with respect to “specified transactions” involving deposits of electronically recorded transferable securities‑related rights?
  • Under the FY2024 Tax Reform, the scope of “specified transactions” relevant for CRS reporting purposes was expanded to include certain contracts involving the deposit of certain electronically recorded transferable securities‑related rights.

Read an April 2026 report prepared by the KPMG member firm in Japan

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