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Tax reform proposals 2011 – Remaining items approved

|Approved Changes|Japan
Japan


7 December 2011

On 30 November 2011, some of the remaining items under the proposed Tax Reform Bill were approved by the Diet.

The main changes approved are summarized below:

(a) Corporate tax rates.

-   The corporate tax rate will be reduced from 30% to 25.5% for fiscal years beginning fro…



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