Frequently Asked Questions
【Koshida Accounting Firm Column Date:】
If your friend becomes your client or the reverse happens, you might claim it as an expense in Japan.
Possibly. If your friend is also your client, or if the meeting has a genuine business purpose, part or all of the cost may be considered a business expense for Japanese tax purposes. The important point is whether you can reasonably explain the business purpose of the expense.
Can You Claim the Drinks with Classmates During Bon Vacation as Expenses?