Live Virtual class 《Tax Accountant Training Course》Consumption Tax Law Professor Kazuhisa Matsuda

Consumption Tax Law by Professor Kazuhisa Matsuda

Consumption Tax Law

The tax accountant training course at NUCB Business School aims to train tax accountants who have the ability to solve problems and make proposals in corporate management, in addition to the specialized knowledge required for tax accountants. At the Nagoya Marunouchi Tower Campus, a class on Consumption Tax Law was held by Professor Kazuhisa Matsuda.  

The third day of class

The consumption tax was introduced in 1989 as a tax that requires a broad and fair burden to be borne, and today it is one of the most important core taxes. The importance of consumption tax is expected to increase in the future in light of the recent tax reforms such as the revision of the tax rate. The main feature of the consumption tax is that, in principle, all sales and provision of goods and services in Japan are subject to taxation, and although the taxpayer is each business, the consumer ultimately becomes the taxpayer through tax shifting. On the third day of this class, we will learn about the payment of consumption tax on the acquisition of rental apartments, etc. In addition to learning the technical knowledge required for accounting, we will also read and understand precedents in order to understand the value of a company. Although each of the students made different arguments, they were able to make a strong case for why they thought so, and under the facilitation of Professor Matsuda, heated discussions took place. In the end, the purpose of this class is to help students understand the relationship between finance and the individual, and to develop their perspective as a tax accountant looking at clients and as a member of society looking at the world.