Japan Eyes Tax Breaks for Unit Sales
Japan is considering tax breaks on gains from sales of non-core businesses to accelerate corporate restructuring. The plan would defer corporate taxes if proceeds are reinvested.
Japan is considering indefinite tax deferrals on gains from non-core business sales. The policy shift aims to spur corporate restructuring and drive industry consolidation. The proposed rule would eliminate a 30% corporate tax on divestment gains if proceeds are reinvested.
