Japan plans to cut corporate tax rate below 30 percent

 

Picture: Housing in Tokyo, Japan

“Abe’s cabinet will cut the company income tax rate by 3.29 percentage points over the next two fiscal years, aiming for a final levy below 30 per, on par with Germany”

Source: Cheap yen spurs investment by Keiko Ujikane, Bloomberg, The Australian Financial Review, Tuesday February 10^th, 2015, page 42.

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