OrbitaxOrbitax

Tax reform proposals for year 2008

|Proposed Changes|Japan
Japan

On 13 December 2007, it was reported that Japan's ruling coalition adopted a number of tax reform proposals for year 2008 that are expected to be introduced in April 2008. The proposals are summarized below.

Corporate income tax

(a) Tax depreciation

The tax depreciation system, which saw changes under the 2007 tax reform, will see further …

Continue Reading