Outline of the 2013 Tax Reform Proposals

Outline of the 2013 Tax Reform Proposals

The ruling coalition (the Liberal Democratic Party and New Komeito) agreed on an outline of the 2013 tax reform proposals (Proposal) on 24 January 2013.

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The announcement was one month later than usual years due to the change in government.

This newsletter covers the main points of the proposed changes.

Contents

  1. Corporation Tax
  2. International Taxation
  3. J-REITs
  4. Income Tax
  5. Taxation of Financial Transactions
  6. Inheritance Tax and Gift Tax
  7. Reduction in Delinquency Tax Rate

Japan TAX Newsletter

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