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In brief: Japanese tax to lure foreign firms

Friday 17 December 2010 – by Will Henley


The Government of Japan is planning to offer international companies generous corporate tax breaks if they establish themselves in the country, under new proposals touted this week.

The move is seen as an attempt to prize companies from neighbours such as Singapore, Hong Kong and Shanghai and includes incentives for moving research operations to the jurisdiction.

Related articles:
G7 countries to curb Japan yen volatility
‘Redundant’ rulemaking irks Japan banks
‘Unintended’ effect on non-US banks
Japan bankers hint at exodus from US
Japan plans major regulatory overhaul



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