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IPA in Japan, South Korea and Singapore

IPA Delegation in Japan

At the end of August, IPA’s President and Vice President continued their tour of Asia with visits to IPA members in Japan and South Korea with IPA’s Secretary General going to Singapore..

Consumption Tax (JCT) rates going up in Japan

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