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Japanese Government - Announcement of Lowering Effective Corporate Tax Rate

Japanese Government - Announcement of Lowering ...

On 24 June 2014, the Cabinet of the Japanese government approved the "Basic Policies for Economic and Fiscal Management and Reform 2014".

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It was announced that the government would aim to lower the effective corporate tax rate to the 20 percent range within several years, by starting reductions from the next fiscal year.

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  1. Announcement of Lowering Effective Corporate Tax Rate

KPMG Tax e-Tax News No.72

e-Tax News

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