Our Japanese member, the Japanese Book Publishers Association asked us to make a submission — read the IPA’s position on this issue here.
After 1 April 2017 (not an April Fools’ joke), the overall Japanese Consumption Tax rate in will rise to 10%. The plan is to maintain the consumption tax on food and home delivery of newspapers at 8%, while books, magazines and newspapers purchased at newsstands and their e-versions will be taxed at 10%. The Japanese Government is currently investigating the possibility of applying the reduced tax rate for books and magazines.
photo by Emmanuelle Magnenat
Our Japanese member, the Japanese Book Publishers Association asked us to make a submission — read the IPA’s position on this issue here.