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Japan: Abe Says He Will Further Work on Corporate Tax Reform
Source: japantoday.com
Source Date: Thursday, April 10, 2014
Focus: Electronic and Mobile Government, Institution and HR Management
Country: Japan
Created: Apr 15, 2014

Prime Minister Shinzo Abe said on Wednesday that he will further work on corporate tax reform this year to make it internationally competitive.

 

Abe, speaking at a summit held by a business lobby, said he will mobilise all possible measures to accelerate reforms.

 

Japan’s effective corporate tax, around 35.6%, is considered high compared with the global standard.

 

The government plans to compile new growth strategy in June to help boost the economic growth and beat a 15-year deflation.

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