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Japan Passes 2018 Budget Measures

|Approved Changes|Japan
Japan

On 28 March 2018, the Japanese Diet (legislature) reportedly passed the legislation for the 2018 Budget, including tax reform measures. As previously reported, the main measures include:

  • An expansion of the definition of permanent establishment (PE) to align domestic law with BEPS Action 7 (Preventing the Artificial Avoidance of PE Status) with regard to agent PEs;
  • An expansion of the rules re…

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