Dx-Tax Navi - Digitalization and International Taxation Made Easy

Q, CAN I GET A REFUND IN CONJUNCTION WITH THE EXPENSE REIMBURSEMENT SYSTEM?

Author: Opti Corporation|Feb 18, 2020 8 : 32: 46 AM

Introduction.

Cross-border e-commerce (E-commerce) has been expanding worldwide with Amazon, eBay, Rakuten, Shopify, WooCommerce, and Corona Vortex, and is now the focus of attention by all companies. Cross-border e-commerce has been introduced with the positive aspects of being able to start selling within minutes of creating a site, and new sales opportunities from markets around the world. On the other hand, local taxes and various other costs are not shared much: local taxes such as VAT are levied and collected by the seller on the local buyer, but even in the case of cross-border e-commerce, there are cases of taxation, collection, and reporting.

Not all tax accountants, lawyers, and other domestic professionals have knowledge of overseas tax and legal affairs.

IN THIS COLUMN, OPTI CORPORATION, WHICH HAS EXTENSIVE EXPERIENCE IN THE TAX ASPECTS OF CROSS-BORDER EC, PROVIDES A "CROSS-BORDER EC TAX NAVIGATOR" IN A Q&A FORMAT. WE HOPE THAT THIS CROSS-BORDER EC TAX NAVIGATOR WILL BE OF HELP TO VARIOUS COMPANIES CONSIDERING CROSS-BORDER EC.

Q] CAN I GET A REFUND IN CONJUNCTION WITH THE EXPENSE REIMBURSEMENT SYSTEM?

A]

A reimbursement system is an IT service that allows you to perform reimbursement on a SaaS platform. By introducing such an expense reimbursement system, you can digitize expense reimbursement tasks that were previously done in Excel or on paper, and expect to reduce human errors and shorten the time required for inputting data.

<List of major expense reimbursement systems used in Japan

(Source: https: //blog.keihi.com/141)
*Click to go to the source site.

As you can see, there are many expense reimbursement systems available.
All expense reimbursement systems allow you to download usage records as an Excel file or CSV file.

IF YOU PROVIDE US WITH THESE EXCEL DATA, WE WILL AUTOMATICALLY CALCULATE THE REFUNDABLE AMOUNT FOR YOUR COMPANY.

WE HOPE YOU WILL TAKE ADVANTAGE OF OUR VAT REFUND SERVICE.

 

 

Disclaimer

This column contains general information only and is intended to be used at the reader's own risk. While every effort is made to improve the accuracy of the information, it may contain inaccuracies. Readers should consult a suitably qualified professional before making any decision or taking any action and assume the entire risk and responsibility for any loss arising from the use of this column.