• JIJI

  • SHARE

The Liberal Democratic Party’s tax panel is planning to give preferential tax treatment to mobile phone carriers and others to help spread fifth-generation, or 5G, high-speed wireless communications services.

The party wants to allow the amount equivalent to 9 percent of related investment to be deducted from corporate tax, or 30 percent of such spending from taxable corporate income, in a program called special depreciation, Akira Amari, chairman of the Tax System Research Commission told reporters after a meeting Monday.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)