ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan to tax e-content sales by foreign firms

TOKYO -- Japan will start collecting taxes on sales of electronic books, music and other online content downloaded from abroad as early as fiscal 2015.

     Currently, no sales tax is levied on sales of e-books and apps through an overseas server of Amazon.com or other distributors, putting domestic firms at a disadvantage. Japan taxes purchases of physical products from abroad when shipments are cleared by customs. But no duty collection system exists for online e-content purchases.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more