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Tax reform proposals 2013 – details

|Approved Changes|Japan
Japan

The Cabinet approved and released the tax reform proposals for 2013 on 29 January 2013, and thereafter submitted to the Diet . The main changes are as follows.

Corporate income tax
(a) Tax credit/special depreciation for production equipment

If a company's total acquisition price of production equipment for domestic business, acquired during fiscal years beginning from 1 April …


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