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Japan 2024 Tax Reform Bill Submitted to Parliament

|Proposed Changes|Japan
Japan

Japan's 2024 tax reform bill was reportedly submitted to parliament on 2 February 2024. Some of the main measures of the bill include:

  • The extension and expansion of tax credits for salary increases for three years from 1 April 2024 to 31 March 2027, along with extended restrictions on the application of special tax measures for large companies that do not meet salary increase and capital inve…

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