close
Share with your friends

Japanese CFC Regime - 2017 Tax Reform -

Japanese CFC Regime - 2017 Tax Reform -

Under the 2017 tax reform, the Japanese CFC regime has been extensively amended.

1000

Related content

We have set out in this newsletter a brief summary of the amendments to the Japanese CFC regime.

Contents

  1. Overview of the Amendments
  2. Definition and Classification of CFCs
  3. Full-Inclusion Rules
  4. Passive Income Inclusion Rules (Non-Financial CFCs)
  5. Passive Income Inclusion Rules (Financial CFCs)
  6. Taxpayer & Taxable Full-Inclusion Income/Taxable Partial-Inclusion Income
  7. Other Amendments
  8. Points To Be Considered

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

Stay up to date with what matters to you

Gain access to personalized content based on your interests by signing up today

Sign up today