Why Japan is cutting its corporate tax rate

August 07 2014

The corporate income tax rate in Japan is known to be one of the highest worldwide. To encourage foreign companies to do business in Japan and make Japan a more attractive location for investments, Prime Minister Shinzo Abe is considering reducing the corporate income tax rate to a "competitive rate in the global market".

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

more across site & shared bottom lb ros

More from across our site

Direct Tax

A taxing week: Businesses craving certainty aren’t getting it from Donald Trump

Uncertainty isn’t always a bad thing, but it’s easy to see how the Trump administration’s IRS commissioner merry-go-round may serve to undermine business confidence

Sam Sholli, August 29 2025

Direct Tax

This week in tax: EU stands by DSTs despite Trump backlash

The EU defended its ‘sovereign right’ to impose the tax in the face of US tariff threats; in other news, the US deputy Treasury secretary resigned after just five months

Sam Sholli, August 29 2025

Direct Tax

Tax tech to TV presenter: the many lives of Jules Herd

Ascoria’s chief revenue officer shares her career wisdom garnered from the disparate worlds of tax technology, electric cables, radio DJing and more

August 28 2025

Direct Tax

Tax goes digital: will operations play ball?

Businesses no longer have a choice when it comes to tax technology transformation. Pavlo Boyko of TMF Group says the question is simply: sink or swim?

Pavlo Boyko, August 28 2025

Transfer Pricing

Inside A&M Tax's Indonesia hiring spree: ‘big four’ experience not required

The firm is hunting for a senior TP manager in its quest to build a full-service practice in Indonesia, A&M Tax’s Jakarta head Jaap Zwaan tells ITR

Sam Sholli, August 27 2025

Direct Tax

germany berlin reichstag building german parliament bundestag - Concept piece for power, authority, economy, performance, government, planning and control.

Horizon scanning German tax law: short and long-term developments

With a new government in place, the evolving tax landscape presents both opportunities and challenges for taxpayers

Steffen C. Hörner, August 27 2025

Direct Tax

OECD’s US pillar two exemption criticised by 28 countries: report

Major economies have expressed concerns, with China arguing a US global minimum tax exemption would be a violation of the principle of fair competition – ITR understands

Sam Sholli, August 26 2025

Direct Tax

PwC Australia back in the fold for government work

Senator Richard Colbeck told ITR he was concerned by the decision to let PwC Australia tender for government contracts again after a scandal-induced ban

Tom Ravlic, August 25 2025

Direct Tax