Japan's customs authorities failed to collect 340 million yen ($2.2 million) in tax from nine visitors who did not meet duty-free requirements for their purchases in fiscal 2022, the audit board found recently as the government considers a fundamental review of the system to prevent abuses.To be eligible for consumption tax exemption on items purchased in Japan, visitors are required to have them in their possession upon departure to ensure they are not consumed or resold within the country.The nine did not have the items, including luxury watches and brand bags, worth a combined 3.4 billio…READ FULL ARTICLE
