Meilin International Law Firm

Release of Main points of 2018 Tax Reform

 On December 22nd, 2017, the Ministry of Finance of Japan released the documents titled “Main points of 2018 Tax Reform”, “About 2018 Tax Reform.”

 Under the reform, a Connected Industries Tax system will be established to achieve a “productivity evolution”. Moreover, in order to improve the productivity of small and medium enterprises as well as to revitalize regional economies, the Business Succession Tax measures will be created and expanded. Furthermore, for ensuring stable energy supply, the Energy Saving and Renewable Energy Investment Promotion Tax system will be introduced. The Anti-Tax Haven system has been revised to improve the business environment and enhance the international competitive power.