Japan Planning Higher Taxes On Tourists
by Mary Swire, Tax-News.com, Hong Kong
08 August 2017
The Japan Tourism Agency is considering a departure tax to raise funds for promoting Japan as a tourist destination overseas.
JTA Commissioner Akihiko Tamura told local media last month that proposals for a departure tax were being developed, and that it would apply to both Japanese citizens and foreign visitors leaving the country.
It has been estimated that a departure tax of JPY1,000 (USD9) would generate revenues of about JPY24bn (USD217m) annually. However, arrivals to Japan are expected to surge in 2020, when Tokyo will host the Olympic and Paralympic Games.
Kyoto is also reportedly considering joining Tokyo and Osaka in charging a per-night accommodation tax and is expected to table legislation in September.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- Five Reasons Why You Should Open a Business in Malta »
- Eight Key Benefits of Opening a Company in Hong Kong »
- where to start? »
- How to Form an LLC in New York »
- the usual suspects »
- British Virgin Islands Company Formation »
- RAK International Corporate Centre Business Companies »
- Types of Companies in Hong Kong - All You Need to Know »
- Cyprus at a glance »
- hasty decisions are probably not the best policy »