Based on data released by the Japanese Customs Authority (JCA) in November 2024, over 3,500 Japanese importers were audited in the most recent administrative year to 30 June 2024, with over JPY 6 billion of penalties and interest imposed. In this episode of The Japan Perspective, Naoyuki Kano, managing director, discusses some of the key trends relating to audits by the JCA, and what a business importing goods into Japan can expect if they receive notification of an upcoming audit.
The Japan Perspective is a podcast series committed to communicating the latest Japanese tax developments and their potential impact on foreign multinational companies operating in Japan.
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