Japan Tax News

METI's proposals for 2009 tax reform – exemption from tax on foreign dividends (substantial holdings)

30 August 2008

Treaty between Barbados and Japan – negotiations expected

11 August 2008

OECD Council approves 2008 Model Tax Convention

11 August 2008

Definition of agency PE revised

11 August 2008

Comments on draft contents of 2008 update to Model Tax Convention published

27 July 2008

Draft of 2008 Model Tax Convention – Proposed changes to Commentary to Art. 12 (definition of royalties)

21 June 2008

Tokyo High Court upholds decision that repo-transactions are not subject to withholding tax

14 May 2008

Treaty between Japan and China – Tax sparing credit continues to be allowed for Chinese taxpayers

14 May 2008

Pakistan ratifies tax treaty with Japan

15 April 2008

New treaty between Japan and Pakistan – details

16 March 2008

Treaty between Australia and Japan – details

16 March 2008

OECD released discussion draft on transactional profit methods

8 February 2008

Tax reform proposals for year 2008

8 February 2008

Treaty between Japan and United Kingdom (1969) – Japan's NTA uncovers treaty-shopping scheme

8 February 2008

New treaty between Japan and Pakistan – details

8 February 2008

Protocol to treaty between France and Japan enters into force – details

16 January 2008

Amending protocol between Japan and France enters into force

3 December 2007

Amending protocol to France-Japan treaty ratified

4 November 2007

Treaty between India and Japan – Indian decision on whether losses incurred by PE of Indian company in Japan could be reduced from taxable income in India

4 November 2007

Japanese Supreme Court decision – Japanese parent company cannot deduct losses of Panamanian CFC

4 November 2007

Proposals for possible inclusion in 2008 tax reform announced

4 November 2007

New treaty between Australia and Japan – agreement on general terms

2 September 2007

OECD releases revised draft of Part IV (Insurance) of the Report on Attribution of Profits to Permanent Establishments

2 September 2007

Non-discrimination and group income elections

2 July 2007

Ministry of Finance releases triangular merger regulations

18 June 2007

Discussion draft on application and interpretation of non-discrimination article of OECD Model – details

18 June 2007

Revised Commentary on Article 7 of OECD Model released

28 May 2007

Tokyo Court

28 May 2007

New case law on Japan-Singapore tax treaty and Japanese CFC provisions

28 May 2007

Treaty between United States and Japan – US court dismisses claims for relief for information exchanged under treaty

24 March 2007