Frequently Asked Questions
【Koshida Accounting Firm Column Date:】
I hear about the Blue-Form Tax Return system, 青色申告制度, in Japan. What is it like?
The Blue Form Tax Return system (Aoiro Shinkoku / 青色申告) provides several tax benefits to eligible businesses and sole proprietors in Japan.
To receive these benefits, you need to apply by the applicable deadline and maintain accounting records that meet the required standards. Proper bookkeeping is therefore an important part of using the Blue Form system.
Filing Tax Returns in Japan: Importance of Blue-Form Submission and Deadline Compliance