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Outline of the Ministry of Economy, Trade and Industry’s (METI) FY2018 Tax Reform Plans

December 2017
The Ministry of Economy, Trade and Industry (METI)

  • The Cabinet has approved an Outline for Tax Reform which fully reflects METI’s requests.
  • Based on this Outline, the Diet will begin deliberations on enacting legislation to reform Japan’s tax system.

1. Reduce corporate tax rate

2. Promote investment in IT

3. Ease taxation of business succession