• Japanese 2016 Tax Reforms
  • August 5, 2016 | Author: Eric N. Roose
  • Law Firm: Withers Japan - Tokyo Office
  • Consistent with annual procedures, the Japanese government proposed Japanese tax reforms for 2016 last December. Several of the proposed reforms are focused on further advancing the overall economic reform program of the coalition government led by Prime Minister Abe (often referred to as 'Abenomics'). The entire reform package provides for reforms in the corporate tax, consumption tax and individual tax areas as well as addressing long standing issues such as online sales and the OECD anti-tax avoidance project known as BEPS.