Senior members of Japan's ruling Liberal Democratic Party's (LDP's) tax panel, the Tax System Research Commission, agreed this week to prepare a proposal for securities tax reforms within the next few weeks. The tax panel has been under pressure to reach an agreement on the tax reforms for some time now but its progress has been painfully slow.
The LDP will organise the bill for submission to the Diet at the special session next Thursday and says it hopes to see the new tax measures enforced in January. Newspaper reports from Japan have surmised that the decision on the tax reforms were expedited by the panel because last week's terrorist attacks on America had threatened to send the global economy into a spiral.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment