also: てっかくせいきゅうしょなどほぞんほうしき
qualified invoice retention system; qualified invoice storage method
Official name for Japan's invoice system (インボイス制度) introduced in 2023. Refers to the legal requirement for businesses to retain qualified invoices to claim input tax credits.
See also: インボイス制度
The qualified invoice retention system is necessary to receive input tax credits for consumption tax.
The qualified invoice retention system started in October 2023.
Common shorthand for the same system. 適格請求書等保存方式 is the formal legal name.
Official legal term for the Japanese qualified invoice system. The reading てっかくせいきゅうしょなどほぞんほうしき is a common contraction in speech.
Contracted reading often used in spoken explanations and news.
Compound of 適格 (qualified), 請求書 (invoice), 等 (etc.), 保存 (retention), and 方式 (system). A legal term created for the 2023 tax reform.