FY2021 Tax Reforms & Update to the Electronic Preservation System
As part of the 2021 tax reforms, the Japanese National Tax Authority (NTA) has released further updates on December 10, 2021.
As was announced initially, amendments to the Act of Electronic Preservation System for Documents related to National Taxes were to take effect on January 1, 2022. However, in the latest release from NTA, the effective date of these amendments has been extended by 2 years.
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