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Japan Steadily Adopts Global Minimum Tax but Still Has Work to Do

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Japan Steadily Adopts Global Minimum Tax but Still Has Work to Do

  • By Takato Masuda

Japan is steadily adopting the 15% global minimum tax proposed by the OECD. In March, the Japanese Diet legislated the 2023 tax reform package providing its basic framework, followed by governmental and ministerial regulations issued by the Cabinet and the Ministry of Finance in June.

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