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Japan Planning Tax Incentives for Investments in Battery and Semiconductor Production

|Proposed Changes|Japan
Japan

The Japanese government is planning new tax incentives for investments in battery and semiconductor production. This includes the introduction of new tax credit incentives based on production and sales that will be available for 5 to 10 years after the initial investment. Other incentives are also being considered to support related R&D, including a reduced tax rate on income from patents a…

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