Japan publishes 2016 Tax Reform Plan

  • By A&S
  • December 18, 2015
  • News

On December 16, 2015, the Japanese government publishes the key measures of its 2016 Budget, including: Reduction of corporate income tax rate from 32.11% (2015) to 29.97% (2016) and 29.74% (2018).;Increase of the consumption tax to 10% from April 2017; Introduction of county-by-country (CbC) reporting on the financial year…

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