LDP

LDP plan to halve fixed asset tax for capital investments SMEs for three years

Nikkei (J) reports on December 7th that the LDP Tax System Research Council is planning to half the fixed asset taxes (kotei shisanzei) for SMEs for a period of three years, starting in 2016.  The measure would cover purchases by SMEs of new manufacturing or processing machinery or equipment costing more than ¥1,600,000 (approx. €12.000) each and apply to total annual investments totalling more than ¥1 trillion (€7.5 million).

Subscribe to RSS - LDP