close
Share with your friends

US (Delaware) LPS - Japanese Supreme Court Decision

US (Delaware) LPS - Japanese Supreme Court Decision

The Japanese Supreme Court rendered its decision that a limited partnership formed under the laws of the state of Delaware should be treated as a corporation for Japanese tax purposes on 17 July 2015.

1000

Related content

We have set out in this newsletter an outline of the Japanese Supreme Court Decision.

Contents

  1. Criteria for Determining Whether a Foreign Entity should be Treated as a Corporation
  2. Judgment of a Delaware LPS based on the Above Criteria
  3. Issues to Be Considered Going Forward

Japan TAX Newsletter

© 2021 KPMG AZSA LLC, a limited liability audit corporation incorporated under the Japanese Certified Public Accountants Law and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. © 2021 KPMG Tax Corporation, a tax corporation incorporated under the Japanese CPTA Law and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.


For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal