Lawyers say U.S. tax plan would break WTO rules

Feb 2, 2017

Lawyers say U.S. tax plan would break WTO rules

A proposed U.S. corporate tax reform would almost certainly contravene international trade rules if implemented, lawyers have said, risking the biggest dispute in the history of the World Trade Organization (WTO). With signs growing that the United States may become more protectionist under President ...

/ Dec 17, 2016

Japan mulls raising tax grants to local governments

The government is considering raising the amount of tax grants to local governments for the first time in seven years in fiscal 2017 starting next April, informed sources said. The central government plans to boost the amount of grants by nearly ¥300 billion from ...

Trump's Treasury pick targets taxes, trade reforms

Dec 1, 2016

Trump's Treasury pick targets taxes, trade reforms

President-elect Donald Trump’s pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities in order to achieve a sustained pace of 3 percent to 4 percent economic growth. The one-time Goldman ...

Nov 27, 2016

Tax freeze on pension assets to be extended three years

The government and ruling coalition plan to extend the tax freeze on corporate pension assets for three years in light of the tough investment climate surrounding the Bank of Japan’s negative interest rate policy, it has been learned. The ruling Liberal Democratic Party and ...