Tax reform proposals for 2007
|Proposed Changes|Japan

It has been reported that Japan's ruling coalition has adopted a number of tax reform proposals that are to be introduced in early 2007. The proposals amongst others include:
| - | a 1-year extension to the concessionary 10% tax rate for dividends from shares in listed Japanese companies and capital gains arising from the sale of shares. The concessionary rate was introduced in 2003 reducing the existing 20% rate … |