HomeTag Research Commission on the Tax System

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The ruling coalition, composed of the Liberal Democratic Party and the Komeito, officially decided tax reform guidelines for 2020, on Thursday afternoon. The government will create a preferential tax regime for large companies investing in startups for business innovation. The small investment tax exemption system (called “NISA,” which was implemented in 2012) will be replaced by a new system, and NISA will continue to be funded. The government will emphasize tax cuts so that companies...