Dec 30, 2014

Business leaders welcome planned corporate tax cut

Two business leaders welcomed the ruling coalition’s fiscal 2015 tax reform package that features a cut in the effective corporate tax rate by more than 3.29 percentage points in fiscal 2015-2016. While hailing the move, Sadayuki Sakakibara, chairman of Keidanren, the country’s largest business ...

Dec 24, 2013

Cabinet OKs higher household taxes but gives businesses a break

Prime Minister Shinzo Abe’s Cabinet on Tuesday approved tax policy changes for fiscal 2014, imposing higher taxes on households despite a planned sales tax hike, while giving benefits to companies to shore up the economy. The new tax reform plan is estimated to make ...

Jun 10, 2013

Abe to finalize tax break for corporate investment by fall

Prime Minister Shinzo Abe said Sunday his government will finalize a tax break for corporate investment by this fall in addition to its already announced growth strategy. Abe, appearing on a television program aired by public broadcaster NHK, called the series of measures he ...