2017

2017 Tax Reform outline

April 1 is the start of the new fiscal year in Japan and also marks the start of changes in the Japanese tax system that will be relevant for both domestic and foreign businesses operating in Japan.  Our outline presented here is primarily focusing on changes with impact for EU SMEs with business activities in Japan.

 

Main points of 2017 tax reform

Tax outlook 2017

Even though the Japanese fiscal year is underway for less than 6 months, the Japanese government and its ministries have already started this month to publicize their proposals for next year.  Discussions during the last months were dominated by the decision of the Abe government to again postpone the planned increase of the consumption tax to March 2019.

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