Among the proposals that would affect corporate taxation are measures concerning:
Other proposals would amend the "repo transaction" rules that apply for international taxation.
There are measures that would affect individual taxpayers—including "spouse deduction" and inheritance and gift tax treatment of property located outside Japan as well as an amendment to the fixed asset tax for high-rise condominiums.
Read a December 2016 report [PDF 387 KB] prepared by the KPMG member firm in Japan
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