• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

LDP, Komeito back no Japan tax on casino wins by foreigners

Dec 10, 2020 Newsdesk Japan, Latest News, Top of the deck  


LDP, Komeito back no Japan tax on casino wins by foreigners

Japan’s governing coalition – the Liberal Democratic Party (LDP) and Komeito – announced on Thursday an outline tax reform plan for the fiscal year 2021, including a proposal that foreign visitors using any of the country’s planned casinos should not be taxed on any winnings.

Other people in Japan would, however, be taxed on casino winnings in a manner similar to how winnings are dealt with for wagers placed on the country’s state-run betting activities, according to information collated by GGRAsia’s Japan correspondent.

The governing parties also suggested there should be no consumption tax on casino gross gaming revenue (GGR).

Regarding corporate tax for eventual operators of integrated resorts (IRs) – as such schemes are known in that country – cash rebates paid by the house to customers should be deductible from taxable revenues. “Comps”, understood in the industry as meaning complimentary accommodation, food and drink, and other offers to clients, should also be treated as an advertising cost and should also be deductible from taxable revenues, according to the tax reform outline.

The tax reform plan will need to be subject to a resolution of the Japanese cabinet before it can take the form of a law bill to be submitted to the country’s parliament for consideration. Specific formulas for calculating casino-related tax items would also be discussed at a later date.

An enabling bill to Japan’s IR Implementation Bill, approved in July 2018, had clarified several key points regarding the country’s nascent industry. They  included: an initial cap of three casino resorts nationwide; a 30 percent tax on casino GGR; and an entry levy of JPY6,000 (US$57) for Japanese citizens and residents wishing to enter such venues.


  • tweet
Related articles
  • Nagasaki says Credit Suisse woes not to impact IR plan
    Nagasaki says Credit Suisse woes not to...

    Mar 20, 2023  

  • Cambodia ops to Mar 31 for due tax on non-gaming: report
    Cambodia ops to Mar 31 for due tax on...

    Feb 06, 2023  

More news
  • Pagcor chairman keynote speech at SiGMA Asia
    Pagcor chairman keynote speech at SiGMA...

    Mar 28, 2023  

  • 3-month eVisa plan to boost Vietnam tourism: report
    3-month eVisa plan to boost Vietnam...

    Mar 28, 2023  


Latest News

Pagcor chairman keynote speech at SiGMA Asia

Pagcor chairman keynote speech at SiGMA Asia

Mar 28, 2023  

Alejandro Tengco (pictured), chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), is to give the keynote speech for the opening of the SiGMA Asia conference for the...
Read More
3-month eVisa plan to boost Vietnam tourism: report

3-month eVisa plan to boost Vietnam tourism: report

Mar 28, 2023  

Kangwon Land slot brand Manila office eyes SE Asia sales

Kangwon Land slot brand Manila office eyes SE Asia sales

Mar 28, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The data and evidence on hand all point to the same conclusion: enough is enough. It is time to ban offshore gaming operations in the Philippines, once and for all”

Sherwin Gatchalian

Chairman of the Committee on Ways and Means of the Senate of the Philippines



Most Popular

  • Raffles hotel checks complete at Galaxy Phase 3: MGTORaffles hotel checks complete at Galaxy Phase 3: MGTO March 27, 2023
  • Melco’s Studio City has foreigner-only bet zone: checksMelco’s Studio City has foreigner-only bet zone: checks March 27, 2023
  • Foreigners can use HK-Macau free ticket says tourism bossForeigners can use HK-Macau free ticket says tourism boss March 27, 2023
  • Philippine lawmaker wants POGOs shut within 3 monthsPhilippine lawmaker wants POGOs shut within 3 months March 27, 2023
  • Macau diversification into non-gaming to remain slow: FitchMacau diversification into non-gaming to remain slow: Fitch March 24, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us