Japan’s carbon tax proposal for shipping marks a global shift

Josh White

May 11, 2022

Shipping companies can expect the cost of fuel to rise

The Japanese government is proposing a carbon tax of $56 per tonne of CO2 emissions targeting the country’s vast shipping industry. This proposal would raise the incentive for sustainable energy use in the shipping sector.

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Josh White

Special Projects Editor ITR

Josh covers transfer pricing, BEPS, tax disputes and other direct tax matters for ITR’s audience. He covers a range of tax issues in these areas and how companies are dealing with them, as well as the influence of politics on tax developments.

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