Japan VAT invoices
What is the name of legal entity for Texas Instruments?
There're two legal entities used in different scenario. One is Texas Instruments Japan Limited (Domestic business entity in Japan tax law) and the other is Texas Instruments Incorporated (Offshore business entity in Japan tax law)
Which number is the corporate number in Japan tax law (Tax Identification Number, TIN)?
T7011101027932 (Texas Instruments Japan Limited). No registration by Texas Instruments Incorporated.
Which number is the registration number for consumption tax in Japan tax law (VAT Identification Number)?
T7011101027932 (Texas Instruments Japan Limited). No registration by Texas Instruments Incorporated.
Are Texas Instruments Japan or Texas Instruments Incorporated (TI Inc.) tax-payer corporate for Japan consumption tax (JCT)?
Texas Instruments Japan is tax-payer for Japan consumption tax. Texas Instruments Incorporated is not tax-payer for Japan consumption tax.
If a customer buy a product via TI store, is the transaction deemed as Japan domestic transaction in law of Japan consumption tax?
It depends on transaction currency and incoterms. If “payment currency is JPY and incoterms is DDP”, the transaction is deemed as Japan domestic transaction in rule for Japan consumption tax. If ”payment currency is JPY and incoterms is CIP” or ”payment currency is USD and incoterms is FCA”, both of the transactions deem as import transaction in rule for Japan consumption tax. A way of deduction for consumption tax is depend on the customers.
What is the 8 digit numbers with initial-T (e.g. T12345678) on billing documents?
This is a sales order number in TI Store issued by TI. It is not registration number for “Qualified Invoice” in consumption tax issued by Japan National Tax Agency.
When will TI start issuing “Qualified Invoice” for Japan consumption tax?
TI will start issuing “Qualified Invoice” from September 2023.