Japan Tax Reform Package for 2018
On 14 December 2017, Japan's ruling coalition approved a tax reform package for 2018. Some of 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 regarding the taxation of capital gains from the transfer of shares …